Taiwan LED package manufacturer Unity Opto released their fiscal 2013 financial report on March 26, 2014. Increased backlight demands drove up revenue and the company’s profitability grew 170 percent compared to the year before. 

Unity Opto’s consolidated revenue for 2013 was NT$ 7.1 billion (US$ 232.5 million) and operating income reached NT$ 220 million. Earnings before tax were NT$ 219 million and EPS was NT$ 0.66. Net profit for fiscal 2013 reached NT$ 209 million, with EPS of NT$ 0.63. During the company’s board meeting, additional paid-in capital was NT$ 0.40 per stock. 

Backlight clients inventory adjustments during the second half of 2013 drove up revenue. With a sharp rise in product penetration rate and gradual popularization of indoor lighting and commercial lighting, the company put effort into improving product design and lowering material and production price. The company has also invested in developing their lighting product business, as well as in developing new product models and international certifications. Revenue has benefited with growth of around 19 percent. Aside from operations, there were no significant losses. 

Mainstream TV sizes have increased from 32’’ to 40’’-42’’. Demand for 50’’ UHD TV has also increased. Average LED usage has risen in comparison with general HD TV. This has led to explosive growth in LED backlight demands in 1Q14. Besides earlier large sized TV demands in U.S. and Europe, China's color TV manufacturers have also started to stock up before the May Day holiday. Therefore, orders and operations therefore are anticipated to have a positive outlook in March. 

The revenue growth cycle reinitiated in 1Q14. Order demands have risen in the wake 40W and 60W incandescent bulbs phase out in  Europe and the U.S., lighting products being Energy Star certified, and receiving government subsidies.