UBS Predicts Financial Pressure for Everlight as it Expands Channels in China

Taiwan LED packaging manufacturer Everlight continues to deepen its channel presence in China. According to UBS Securities Co. Limited’s report, Everlight will continue expanding its 7 provincial sales channels in the second half of 2013. Even though general lighting demand growth remains strong, the continued drop in price adds pressure to revenue growth. UBS believes that the company still needs to devote more investment into its own lighting product strategy, though this will also lead to pressure on gross profit margin and operating income performance.
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Everlight Expands Its LED Lighting Sales in Mainland China

Everlight has benefited several LED streetlights contracts from mainland Chinese provinces of Guangdong, Jiangsu, Sichuan and Hebei in addition to talks with the mainland's big retailers over promoting the company's LED light bulbs in the mainland. These contracts are under the mainland's subsidization program for consumptions of indoor and outdoor LED lights. According to Everlight Chairman Y.F. Yeh ,the mainland poses lucrative business opportunity for LED streetlgihts, given Jiangsu Province's contracts to buy RMB6 billion (US$952 million)...
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Everlight Receives Taiwan Excellence Awards 2012 for LED Designs

Recently, with the outstanding designs of its LED lamps evaluated in a contest among 1,145 products from 426 manufacturers of various industries, Everlight has won the Taiwan Excellence Awards 2012. The awards were granted by Bureau of Foreign Trade and Taiwan External Trade Development, both of which under the Ministry of Economic Affairs. The awarded products include a series of multi-purpose desk lamps, light bulbs, and streetlights. DEM-designed desk lamps underscore their versatile functions by integrating reading light, mood light, nightlight and decorative...
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Everlight Shows Its LED Lighting Brand in Hong Kong

Everlight has officially launched varieties of A60 series and MR16 series LED retrofits at 40 most popular branches of JHC Group in Hong Kong starting from December 1st. It is first time that use "EVERLIGHT" brand to capture Hong Kong market. This is also the most significant step to EVERLIGHT as well. Currently, LED Lighting already became the pioneer trend and "ECO" marked products in global lighting market. Hong Kong government started to advocate LED lighting few years ago. EVERLIGHT offers multiple disco...
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Taiwan Government Takes Actions to Promote LED Industry

Taiwan Ministry of Economic Affairs (MOEA) has hosted a forum with representatives of local LED manufacturers, including Everlight and Delta Electronics to discuss the strategy to boost demand for LED lights. MOEA promised local LED makers that it will lauch a NT$500 million (US$16.6 million) subsidy program for townships to install LED streetlighting in 2012. The ministry said the figure will be a substantial increase from the NT$170 million allocated this year for the purpose. Additionally, the ministry plans to build "model cities" in ...
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Everlight Asks Staffs to Take Unpaid Leave

Recently ,due to the slackened demand in LED industry, including Huga Optotech, Everlight have asked their staffs to carry out unpaid leave. According to Robert Yeh , chairman of Everlight, due to the high inventory level, the LED industry has entered an off season. Everlight staffers will take two to three days of unpaid leave in November and five days in December. The unpaid leave gives Everlight the flexibility to skip a layoff program. In the contrast, Epistar reported that it won’t follow the practice of Everlight. Neither did Chimei-Innolux have the...
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Everlight May Make Profits with Its Developing Distribution Network

Despite LED lighting business is in deficit currently, Yeh, Chairman of Everlight, believes the company will make profits in 2 years. At present, the company is concentrating on ensuring distribution network, and it is expected to take 3-5 years to establish a basic distribution network .and it will be capable of setting up a foundation to compete on equally with Philips and Osram in 5 years....
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Taiwan`s Major LED Munafacturers Share Their Views on LED Lighting

Recently, Taiwan`s major LED munafacturers including Chairman Y.F. Yeh of Everlight, Chairman B.J. Lee of Epistar and Delta Electronics executives have show their views for the LED lighting industry at the Photonics Festival Taiwan 2011. According to Epistar`s Lee , the efficiency of LED lamps previously forecast to be achieved in 2015 will be reached in 2012, based on buyers from the world come to mostly purchase LED lamps at this show . For Everlight`s Yeh, he believes that the March 11 catastrophe reminds people of the importance of nuclear power ...
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Everlight to Show LED Products at Two Big Lighting Exhibitions

Everlight has shown its various LED products at the Guangzhou International Lighting Exhibition and has prepared to present Taipei World Trade Center Nangang Exhibition Hall, Area M, booth number 812 and Area L, booth number 622(Jun.14~16, 2011). The company presents a new Chip-on-Board (COB) LED series to offer a solution that addresses important issues in general lighting replacement applications. Competing to previously dominating standard discrete low power, mid power, and high power LED components, Chip-on-Board LEDs are predicted to take on a...
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Epistar and Everlight Posted Lackluster Revenue Results in April

Taiwan`s major LED maker posted lukewarm revenue records last mounth, sliping 2.74% from a month earlier, to NT$1.69 billion (US$59.2 million at US$1: NT$28.6); Everlight scoring 0.3% less revenue with NT$1.42 billion (US$49.6 million); and Edison Opto reporting a 3.2% contraction to NT$249 million (US$8.7 million). Executives from Epistar estimated the company`s gross margin for April to stand above 25% while the company itself estimated its monthly gross margin to surge 30%. Industry executives estimated packager Everlight`s revenue for the second quarter ...
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LEDinside: LED Perspective from President & CEO of Everlight, Robert Yeh

  LEDinside: LED Perspective from President & CEO of Everlight, Robert Yeh Taiwan has built a strong LED landscape following the specialization model under the combined efforts of all LED makers. Everlight Electronics, the Taiwan-based leading LED package maker has not only successfully expand its product lines but also make remarkable achievements in the brand management and bidding markets. This is an honor for LEDinside to have invited Robert Yeh, President & CEO of Everlight to talk about the future development and strategies of Everlight.  
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Everlight’s CEO Expects LED lighting to Save Power

The issue of nuclear energy has been risen up after Japan disaster. Robert Yeh, C.E.O. of Everlight  has show his opinion at the seminar of “1st Economic&Trade between Shanghai and Taiwan”. He indicated instead of building more power plants or looked for the new technology of power created, we should consider “saving power” .For example, if we used LED lights instead of the conventional lights, we can save 5.8 constructions of Sansia Dams in China. It can reduce the waste of the natural resources as well as the emission of CO2. Every country ...
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Everlight Announced Its Sales Revenue of First Quarter

Recently, Everlight has announced its sales revenue of first quarter. Its pretax profits is NT$538 million, or NT$1.28 per share, more than double the earnings of NT$262 million posted a quarter earlier. Thanks to the decline in LED prices helping to boost downstream packagers’ gross profit rates generally, the gross profit rate improved to 25% from 20%. The firm expects a double-digit revenue growth, with the gross profit rate to keep trending upward to between 25% and 28%. However, its sales revenue for the first quarter declined 4.28% from a quarter earlier t...
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Everlight’s LED product Won Third Place in the 2011 Product of the Year Optoelectronics Category

It’s said that Everlight’s 3W Shuen LED series has received third place in the 2011 Product of the Year optoelectronics category judged by readers of Elektronik magazine, one of Germany’s premier electronics publications.   Elektronik annually nominates more than 100 products in 10 separate electronics categories.  The publication’s readers then choose their preferred products and cast their votes for Product of the Year. With innovative slim package, high luminosity and high power, Everlight’s 3W Shuen LED device finally def...
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Japan Earthquake Has No Noticeable Impact on Everlight’s Supply Chain

Everlight has released a statement that, the devastating earthquake in Japan so far does not have noticeable impact on its supply chain. Its global sales continue to operate normally. Going forward, it willclosely monitor the situation with suppliers to ensure a stable demand fulfillment.  ...
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Tokushima, Japan – 17 June 2022: Nichia, the world’s largest LED manufacturer and inventor of high-brightness blue and white LEDs, announces the addition of the Direct Mountable Chip Series (Part Number: NVSWE21A-V1) to the portfol... READ MORE

DURHAM, N.C.--(BUSINESS WIRE)--Cree LED, an SGH company (Nasdaq: SGH), announced today the launch of XLamp® Element G LEDs, delivering a new product class with unmatched light output and efficiency for LEDs of this size. The... READ MORE