Lextar Electronics Reports 2010 Financial Results

Gross Margin 25% EPS NT$3.65

Lextar Electronics ("Lextar" or the "Company") (TAIEX: 3698) announced its audited results for 2010. For the year of 2010 ended December 31, 2010, Lextar posted unconsolidated revenue of NT$8,058 million, with a YoY growth of 297%. Gross profit was NT$ 1,996 million, net profit NT$1,231 million, the basic EPS NT$3.65 per common share, and ROE reached 24%.

Fiscal 2010 Result Highlights
Lextar reported the following unconsolidated results for the full year 2010:

Revenue of NT$8,058 million, up 297% year-over-year
Net profit of NT$1,231 million
Basic EPS of NT$3.65 per common share
Gross margin of 25%
Operating margin of 17%

About Lextar Electronics
Lextar Electronics Corporation (TAIEX 3698), founded on May 23, 2008, is a subsidiary of AU Optronics. It specializes in manufacturing high-brightness LED epi wafers, chips and packages, as well as energy-saving and smart lighting products. The range of applications includes LCD backlighting, professional lighting source, consumer lighting source and various lighting products. Lextar officially acquired LightHouse Technology Inc. in March 2010. The company now houses more than 2,200 employees and its headquarters is in the Hsinchu Science Park, Taiwan. Its manufacturing plants are located in the Hsinchu Science Park, Hukou Industrial Park and Chunan Kuan-Yuan Industrial Park in Taiwan, and will set up a new plant in Suzhou, China. Corporate website: Lextar.com

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