2018-12-11

Financial Updates: AOT, LiteOn and Laster Tech Report Revenue Drop due to Seasonality

LED manufacturers reported revenue drop for November as the demands decrease in the off-peak season. AOT, the LED company under the Foxconn Group, has posted a revenue of NT$ 332 million (US$ 10.76 million) for November with a decrease of 10.4% MoM and 39.9% YoY. LED backlighting is the major business of the company which accounts for more than 90 percent of its revenue. Therefore, the dropped demands of TV backlight due to seasonality led to the decreased monthly revenue of AOT. (Image: AOT) AOT also began the development of Mini and Micro LE...
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Daktronics of Brookings, South Dakota, announced the availability of see‑through LED window displays for retail stores, convenience stores, gas stations, quick‑serve restaurants and shopping center environments, expanding the company’s o... READ MORE

Daktronics of Brookings, South Dakota, was selected by Bowling Green State University (BGSU) to manufacture and install a new LED video display at Doyt Perry Stadium in Bowling Green, Ohio. The installation will be completed ahead of the fall ... READ MORE