Taiwan LED chipmaker Epistar and Formosa Epitaxy, LED backlighting started to pick up in November 2010 and would increase in March 2011, with the vendors completing inventory adjustments.
Epistar indicated that vendors had begun to order production with completing inventory adjustments, especially from Korea-based packaging houses.
Meanwhile, Formosa noted the company had received Korea-based clients’ orders in October and would continue to increase in November. Formosa expected the revenue would grow up 10% every month.