Wellypower、 Everlight and Lite-On reported December 2010 revenues

LED chip packaging company Wellypower Optronics announced its consolidated revenues for December 2010 hit a record high of NT$820 million (US$28.16 million), and the company got revenues of NT$8.9 billion in the whole years, up 25.4% on year.

In December, Wellypower’s LED products sales had a 55.62% share in the total revenues, while CCFL sales was at NT$319 million (38.93%) and lighting products was at NT$44.67 million (5.45%). 4Q10 revenues were NT$2.39 billion, which better than market expectations.

Also, the company excepted 1Q11 business would slide affected from LED backlit modules’ off-peak season.

LED packaging company Everlight Electronics had posted revenues of NT$1.3 billion (US$44.48 million) for December 2010, down slightly by 0.9% sequentially. And the whole year revenues reached NT$16.67 billion, up 48.7% on year.

Everlight noted, affected from clients inventory checks, December revenues had a little dropping. And in January and February 2011, demand would remain dropping due to the Lunar New Year holidays. But from the March, it would pick up followed work days returned normal.

Recently, current order visibility was about one month, and 1Q11 revenues were expected to maintain growth as in the same period in 2009.

Meanwhile, Lite-On Technology December 2010 consolidated revenues reached NT$10.02 billion (US$342.56 million), up 4% on year. And consolidated revenues for 4Q totaled NT$30.57 billion, up 7% on year, which made total revenues of Lite-On in 2010 were expected to increase by almost 40% on year.

In December, all of Lite-On's major business units showed steady growth, with the camera module, LED, and power supply business units posting growth of 100%, 17% and 10% on year, respectively.

Except that, Lite-On Semiconductor had announced consolidated revenues of NT$717 million (US$24.5 million) for December 2010, down 5.3% on month and 10.8% on year, and 4Q10 consolidated revenues were NT$2.26 billion, down 19% on quarter, which made the company total consolidated revenues reach NT$10.41 billion in 2010, rising 19.9% from the NT$8.68 billion posted in 2009.

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