Everlight Announces Revenue Boost and Prepares for the Peak Quarter

LED packaging company Everlight has announced revenue of NT$2.21 billion (US$ 71.69 million) for August, up by 9.26% MoM and down by 5.83% YoY.

The revenue of August has reached the second highest number for the year, which met the expectation of the company that its business will perform better in the second half of 2018 compared to the first half.


(Image: Everlight)

Everlight has highlighted that though the competition of the LED industry remains intense, the company has strengthened its product portfolio and put the focal point on high margin products including automotive lighting, invisible LEDs and Mini LED applications.

International automobile manufacturers have placed orders for automotive lighting including headlight, taillight and interior lighting to Everlight. The company expects that the shipment of automotive products will contribute to the revenue of 2H18.

Other Taiwanese LED producers, Lextar and Epistar also reported revenue growth for August, suggesting that the peak quarter for the LED industry is coming.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

TSLC Corporation, a subsidiary of SemiLEDs, launched sampling of its tri-color Mini LED series, targeted to provide LED display manufacturers with surface-mounting (SMT) compatible devices. The first product in the tri-color multi pixel series... READ MORE

The German chemistry giant BASF has revealed its development of dark automotive paint colors that are reflective to LiDAR for enhancing the detecting function of autonomous cars. LiDAR plays a critical role to the development of autonomous veh... READ MORE