2013-12-31

New Products Gross Profit to Play Major Role in Turning Forepi’s Loss into Profit in 2014

Forepi’s LED business hit rock bottom in 2013, said Jian Fengren, Chairman of Taiwanese LED chip manufacturer Forepi. However, the company will benefit from the gradual development of flip chip, HV LED, and package free products in 2014. The addition of injections from rebounding industrial demands will help the company reach its goal of turning the year’s loss into profit. With 10 consecutive quarters of loss, gross profit margin for the first three quarters is still -14.32 percent and legal persons believe improvements of gross profit margin in 2014  will be the key to turning loss into profit.
Continue reading
Imagine driving down a winding road at dusk, the sky painted in hues of orange and pink. As you approach a curve, the sleek lines of a modern automobile catch your eye. Its design is unmistakable, a blend of retro charm and futuristic elegance... READ MORE

In recent years, the LED display industry has experienced rapid growth, driving fierce market competition. While domestic price wars have intensified, Kinglight has maintained steady progress by relying on its strong technological expertise an... READ MORE