Unity Opto March Revenue Up from February

Unity Opto March consolidated revenue grew 25 percent from February on the back of increased lighting and backlighting demands. Working days returning to normal in March allowed the Taiwanese LED package manufacturer to meet client order deadlines after Chinese New Year. The company’s indoor bulb order volume remains high. Demand for large size backlight products has also risen, driven not only by U.S. and European demands but also by Chinese May Day stock up. March consolidated revenue reached NT $752 million (US $24.8 million), growth of 25 percent from February and up 7 percent YoY.

Unity Opto’s 1Q14 revenue reached NT $1.92 billion. Apart from a large market demand for their lighting products in Europe and the U.S., TV backlight product stock ups began earlier than estimated. Strong demand for lighting and backlight products boosted 1Q14 revenue up 22 percent from 4Q13. Demand remains strong as orders continue to pour in from clients.

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