The LED industry is entering into the traditionally slack second quarter. LED manufacturers have increased backlight orders in March as large international TV brand manufacturers launch new products this quarter. In addition to rising demands for LED lighting, LED manufacturer production utilization rates have also seen an increase in March. LED chip manufacturer Epistar and LED package manufacturer Everlight saw a rebound in production utilization this month. Operational performance is also anticipated to increase.
Performance for the entire industry during January to February, 2014 has been anything but slack, despite the traditional low season. LED chip and packaging manufacturer’s operational performance in Jan.-Feb. has maintained high levels. Demand for large sized backlight was driven up by Chinese manufacturers before the Chinese Lunar New Year which propelled January performance, said Epistar . International manufacturers will take the reins in pushing up backlight orders after March. Lighting demands are anticipated to continue rising and forecasts by clients remain positive. March production utilization rate will continue increasing from 80 percent in February.
Everlight March utilization rates likewise rebounded following increase in orders. Order demands gradually bounced back after Chinese Lunar New Year leading to performance similar to peak season, said Everlight. March production utilization rates increased to 85 percent, with order visibility returning to one month. March operational performance is anticipated to rise.
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