Epistar Scored Record High in Sales for June

Under strong demand for light emitting diodes (LED), Epistar Corp., the largest supplier of epitaxial wafers in Taiwan, scored a single-month high of NT$1.147 billion (US$34.98 million at US$1: NT$32.79) in sales for June, growing by 17.16% from May and 35.7% from last June, according to the firm.

The firm has total sales of NT$3.109 billion (US$94.9 million) for the second quarter of this year, surging 50% from the first quarter. However, affected by a slow market in the first quarter, the firm suffered a 7.52% annual decline in its aggregate revenue to NT$5.135 billion (US$156.7 million) in the first half of the year.

The popularity of LED backlights used in Notebooks and LCD TVs has boosted demand for LED, the company indicated.

Meanwhile, Formosa Epitaxy Inc., another Taiwan-based LED player, also saw its June revenue hit a record high of NT$168 million (US$5.123 million), up 3.95% from May and 35.8% from last June. The firm posted aggregate revenue of NT$466 million (US$14.21 million) for the second quarter and NT$708 million (US$21.59 million) for the first half of the year.

Tekcore Co., Ltd., a Taiwanese provider of high-brightness LED chips, also scored NT$279 million (US$8.5 million) in sales for the second quarter, substantial growing by 36.75% from a quarter earlier.

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