Everlight Maintained Good Performance Despite Typical Slack Season

Taiwanese LED package manufacturer Everlight released their December consolidated revenue which reached NT $2.26 billion (US $75.2 million), a slight growth from November revenue of NT $2.259 billion) and yearly growth of 36.75 percent. Revenue for all of 4Q13 was NT $6.76 billion, a quarterly dip of 3.28 percent but yearly growth of 33.46 percent. Although typically a slack season, 4Q13 showed unusually good performance. Revenue for the entire year was NT $24.7 billion, yearly growth of 29.58 percent.

Lunar New Year LED TV backlight demands rebounded in December while lighting and infrared orders maintained a good level, said Everlight. This enabled December revenue to reach NT $2.26 billion. The company’s 4Q production utilization rate has a 70 percent standard compared to the past, but 4Q13 was able to maintain a high standard of 90 percent, showing performance atypical for the slack season. LED lighting performance also maintained growth with revenue proportions already reaching 25 percent.

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