2018-11-29

Edison Opto’s Profit Grows following Its Shift to Automotive LED Lighting Modules

Taiwanese LED packager Edison Opto has shifted its business focus from LED lighting to LED automotive lighting modules due to the decreasing profit of its conventional lighting business. The portfolio adjustment has come into effect with the company reporting the highest profit margin in the past five year despite its lukewarm revenue performance. (Image: Edison Opto) Edison Opto posted a revenue of NT$ 639 million (US$ 20.71 million) for 3Q18 with on quarter decrease of 14% and on year decrease of 7.4%. However, the quarterly profit margin came to the highest p...
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France-based car maker Peugeot unveiled a new concept car, the Peugeot RCZ Vision, building on the company's 2009-2015 RCZ coupe - with a host of new technologies. The RCZ Vision, build on Stellantis' STLA One architecture, is an ele... READ MORE