Formosa, Genesis and Delta reported December revenues

LED chipmaker Formosa Epitaxy 's December revenues fell 25% sequentially to NT$300 million (US$10.23 million), and revenues for 4Q10 came to NT$1.1 billion, down 23% sequentially. But the company's full-year revenues increased 121.5% from 2009 to NT$4.64 billion thanks to strong TV backlight demand.

The company indicated the decline was a short-term trend due to clients digesting inventory at year's end, and expected January revenues to return to about NT$400 million. Its 2011 consolidated revenues were expected to jump to NT$7 billion.

Genesis had also announced December revenues of NT$340 million, up slightly by 0.5% sequentially. Revenues for 4Q came to about NT$1 billion, up 11% sequentially due to strong shipments for the TV backlight segment.

Delta Electronics posted consolidated revenues of NT$14.54 billion (US$496.34 million) for December, down 10% sequentially but up 17% on year, and the whole year revenues for 2010 totaled NT$171.3 billion, up 36% compared to NT$125.51 billion for 2009.

In 2011, Delta noted that industrial automation, photovoltaic (PV) inverter and LED businesses would have the most significant growth, and the company would only be affected a little by the weak season and labor shortages.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
Munich roots, global reach: partnership through 2029 FC Bayern and LEDVANCE, one of the world’s leading providers of general lighting, have announced a new long-term partnership running through 2029. LEDVANCE will become Official Lighti... READ MORE

Whether it is a family summer holiday, a weekend trip with the camper or a long drive down south: for many people, the car remains the most popular means of transport for their vacation. To make sure the journey doesn’t end in a traffic ... READ MORE