Lextar Reports Revenue Down for 2018 with Lighting Business Cut off

Taiwan-based LED company Lextar announced its 2018 financial reports with an annual revenue of NT$ 11.056 billion (US$ 357.58 million), down by 8.2% YoY. Its after tax profit came to NT$ 49 million (US$ 1.58 million).

For the fourth quarter of 2018, the company registered a revenue of NT$2.4 billion, which dropped by 19.6% compared with 3Q18.

In 2018, Lextar has slashed its lighting business to focus on high technology development which resulted in the decrease of annual revenue. The market uncertainty brought by the US-China trade war also impacted the business. However, the company began mass production of Mini LED backlighting products for notebooks and monitors and plans to release higher contrast Mini LED backlight products in 2019 to maintain its leading position in the technology.

In addition, Lextar is also boosting its technology developments in 3D sensing, RGB Mini LED display module, automotive lighting, UV LED disinfecting and high power lighting for special applications.

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.

Innovative tunable white, mid-power LED enables luminaire manufacturers to improve colour tuning, shrink optics and fixture profiles, while enabling new design options. Nichia, the leader in and inventor of the high-brightness LED, announces i... READ MORE

Natural colour rendering of Optisolis™ LEDs lets visitors experience artwork as the artist intended without degrading the work. Tokushima, Japan – 23 July 2019: Nichia Corporation, the leader in high brightness LED technologies, an... READ MORE