Epistar’s December revenues may drop 38%

Epistar Corp., a leading LED chipmaker in Taiwan, estimates a 38% drop in December 2008 revenues to about NT$400 million, according to a recent report.

Epistar had revenues of NT$647.9 million in November 2008, down 28.3% from NT$903.7 million in October, and down 36.43% compared with last year. The company's accumulated revenues from January to November were NT$9.86 billion, up 5% compared with last year, according to data from the Taiwan Stock Exchange.

The company expects to see revenues decline further in January 2009 due to weak orders and fewer working days in the month.

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