Epileds Revenue Drops Slightly in Jan. 2014

Epileds consolidated revenue in dropped by an incremental 1.82 percent in Jan. 2014 to NT$ 108 million (US$ 3.56 million) compared to the previous month. However, the company revenue increased incrementally on a YoY basis to 2.87 percent.

Despite of the effects of the Chinese Lunar New Year in Jan. 2014, the LED lighting market demands remained strong, and declined only slightly compared to Dec. 2013. Due to impact from the holiday season and fewer work days in Feb. 2014, the company projects revenues for Jan. to Feb. 2014 will slide, and only return to normal levels in March. 

The company’s board recently approved a plan to issue convertible bonds, with the maximum capped at NT$ 500 million. Capital raised from the bonds will be mostly used to expand the company’s production line, purchasing MOCVDs, and returning bank loans. The company currently has 17 MOCVDs after adding two new machines at the end of 2013. The company will be prioritizing production line adjustments, but will observe market changes to find the right time to install the new equipments.

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.

Tokushima, Japan - 6 March 2024: Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, has started mass production of the new UV-B (308nm) and UV-A (330nm) LEDs in its popular 434 Series packa... READ MORE

New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interested... READ MORE