The price competition of blue LED continues and has impacted the revenue of the Taiwanese LED chip maker, Epistar. Facing the challenges, the company plans to expand the production of four-element LED and to increase the proportion of Mini LED products in blue LED.

Epistar’s Q2 revenue was NT$ 5.29 billion (US$ 172.9 million), with an increase of 2.81% QoQ and a decrease of 20.25% YoY. Although the demand in Q2 is slightly better than Q1, the total growth of the company remains tepid. Epistar aims to escalate the production of four-element LED to reach 40 percent of the total production as well as to boost the shipment of Mini LED in 2019 and 2020. The company expects that by 2020, Mini LED can take 30-40 percent of the blue LED production capacity.

Epistar has announced earlier this year that it will begin the production of Mini LED backlights applications in 3Q18 and the mass production would be in 2019. Epistar will showcase its RGB displays and Mini LED backlight applications at Touch Taiwan Display International, which takes place during August 29 – 31.

(Image: Epistar)