EDISON Expands Capacity to Deal with Large Orders from Mainland China Manufacturers

Growth of LED lighting exceeded expectations, Edison received large orders from mainland China manufacturers, SO it intends to expand capacity with additional capital in the second half of this year, legal representative of Edison forecasts that the growth of Edison in the second half of this year is expected to be more than that in the first half of this year by 40%.

The consolidated revenue of Edison in the first half of this year is 1.269 billion NTD, an annual increase of 3.25%, because it has expanded capacity with capital expenditures of 450 million NTD in the first half of this year, its legal representative predicates that the revenue in this year is expected to be 3.0 billion NTD.

Jianrong Wu, Chairman of Edison, confirmed that mainland China is actively transferring from traditional energy saving lamps to LED lights, and an energy-saving lamp needs 100-300 units of LED, while the annual output of energy-saving lamp in Mainland China is up to 100 million units, which is great demand, so Edison must prepare well.

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