2014-01-27

LEDinside: Competition for LED Supply Chains Heats up in 2014

December total revenue for Taiwanese market listed LED manufacturers dipped 0.1% to NT $10.6 billion (US $350.7 million). Revenue for Taiwanese LED chip manufacturers reached NT $3.98 billion (+0.8% MoM) and NT %6.67 billion for Taiwanese package manufacturers, a slight decline of 0.9% MoM.
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2014-01-22

Unity Opto LED Lighting Revenue Proportion to Increase 30 Percent

Taiwanese LED package manufacturer Unity Opto began construction plans for a new factory in 2013 in order to strengthen their LED lighting strategy. The increase production lines for LED lighting modules are estimated to begin production before the end of 1Q14. The injections from the new production line are anticipated to increase the company’s revenue proportions from 23 percent in 2013 to 30-40 percent in 2014.
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2014-01-14

Unity Opto Anticipates LED Industry to Thrive in 2014

Unity Opto Chairman Wu Ching-huei during the company’s year-end celebration on the 13th stated that LED lighting will be a thriving industry in 2014, according to the Economic Daily News. The company’s lighting revenue will double this year with January having the opportunity to increase 30 percent month on month (MoM) in revenue.
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2014-01-08

Unity Opto Yearly Revenue Dips

Taiwanese package manufacturer Unity Opto consolidated revenue for December was NT $455 million (US $15.1 million), a drop of 14.13 percent from November. Total revenue for 2013 reached NT $69.2 billion, a dip of 8.39 percent from 2012. Slack season and client stocktaking at the end of the year impacted December shipments. LED bulb order volumes doubled at the end of the year, due to new clients preordering mobile applications starting in 4Q13 and favoritism from European and U.S. markets.
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2013-11-11

Unity Opto Loss in 3Q Hope to Turn Around By 4Q

Taiwanese package manufacturer Unity Opto on November 8th released their 3Q financial data. Affected by 3Q weak backlight demands, 3Q consolidated revenue reached NT $1.73 billion (US $58 million), sliding 13.73 percent from 2Q. 3Q profit dropped 65 percent from 2Q NT $108 million to NT $37.5 million in 3Q.
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2013-10-08

TV Inventory Adjustment Cause Unity Opto September Revenue to Drop

Unity Opto says that 3Q revenue results were affected mainly by Chinese TV client’s inventory adjustments, and expects4Q revenue to rebound. Benefiting from the new household electricity subsidy and by European and U.S. holiday sales gradual revenue growth is anticipated for 4Q.
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2013-07-08

Everlight and Unity Opto Suffer Decline of 10% in Revenue in June Over Last Month

According to the revenue reports in June each LED plant has announced, due to the impact of slower shipment in mainland China LED backlight market and inventory adjustment, Everlight, Unity Opto and Lextar have suffered decline in revenue over last month, Everlight and Unity Opto decreased 11.82%  and 14.47% respectively. The consolidated revenue of Everlight in June is 1.892 billion NTD, a monthly decline of 11.82%, an annual growth of 11.49%. Everlight noted that by the expiration of energy subsidy policies in Mainland China at the end of May, the slower s...
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2013-06-27

Taiwan-based LED Firms Enter the Automotive Lighting Market

LED lighting market is booming but price competition has been causing profits reduce. According to this situation, Taiwan-based LED firms propose to improve technology and enter the automotive lighting market. Lite-On Automotive Corporation, the subsidiary of the Lite-On Group, has been focused on the automotive lighting market. The Lite-On Group got revenues from automotive applications in 2012 were about NT$8-9 billion (US$265-298 million) and it expects to reach NT$10 billion in 2013. Lite-On pointed that the automotive lighting market is a niche market wi...
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2013-06-24

Unity Opto: Lighting Equipment is the Greatest Driver of Growth of LED Industry

The chairman of Unity Opto, Qinghui Wu, expressed on June 21 that all the LED plants are profitable this year because the capacity utilization has almost reached a high standard and the decline in value has reached a stage; the lighting device will be the greatest driver of growth of LED industry.   Qinghui Wu pointed out that the future of LED industry is bright; the backlit field is expected to grow in the next two years, after which it will enter a stable stage; while the lighting industry will continue to grow in the next five to seven years. Unity Opto achieved...
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2013-05-17

Taiwan LED Makers Target Automotive-application Market

Epistar, recently pulled aside the curtains to reveal a hint of its next big-time product late this year to boost revenue, with industry insiders guessing the new launch to be automotive LEDs. Other major LED companies in Taiwan, including Everlight, Lextar, Unity Opto Technology, Formosa Epitaxy, are all reportedly aggressively developing business in this lucrative field with low profile. Epistar's high-voltage LED successfully tapped into Philips' supply chain in 2012, and the company has been aggressively trying to widen the gap with its mainland Chines...
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2013-03-04

Global LED Business to Embrace an Increasing Demand in 2013

As the world's economy stages a rebound, the global LED industry is expected to ride the wave of an uptrend in demand, in particular for lighting applications. According to some industry experts , since the beginning of 2013 sales in LED lighting has expanded at a quicker-than-expected pace. As the peak season for the LED industry will arrive in the second quarter of this year, momentum is expected to continue, leaving behind a slow year of 2012, which was partly impacted by the financial turmoil in the eurozone. LEDinside: global LED industry is expected to rise ...
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2012-12-25

Taiwanese LED Makers Form LED Lighting Industry Alliance

On December 24, more than 30 Taiwanese LED manufacturers have formed LED Lighting Industry Alliance, aiming at facilitating information exchange among member firms and offering suggestions to the government regarding the industry. Everlight, Lextar, Formosa Epitaxy Inc, Unity Opto Technology and Delta Electronics are among the participants. The alliance was previously known as the LED Street Lighting Industry Alliance, when it was established in 2011 by Industrial Technology Research Institute (ITRI). “We have made our first step in standa...
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2012-10-25

Taiwan Unity Opto Targets to Non-Apple Tablet PC Backlight Market

Taiwan LED maker Unity Opto Technology Co., Ltd. has targeted to snatch 50% of the non-Apple tablet PC backlight market in 2013. Unity Opto attributes its advantage outperforming other Taiwanese backlight manufacturers in revenue this year to increased shipments to TV makers and penetrating the supply chain of non-Apple tablet makers, including Asustek Computer Inc. and Google Inc. In TV backlight market, the company has squeezed into the supply chains of world’s top 10 brands. The company’s chairman, Alpha Wu, estimates global demand for LE...
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2012-10-10

Taiwan’s Unity Opto and Lextar Made Good Marks in Revenue in September

Taiwan’s Unity Opto and Lextar have made good marks in revenue in September.Unity Opto’s revenue reach a new high of US$30 million in September while Lextar’s consolidated revenue of US$33.5 million for the month hit a hit a 26-month high. Unity Opto pointed out that its growth potential remains strong in October thanks to mainland China’s subsidization to LCD TV consumers and rollouts of touch-screen laptops by many PC makers. Both drive up demands for LED backlights, a major product at Unity and Lextar. In particular, Unity Opt...
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2012-09-10

Taiwan’s LED Makers Receive Brisk Sales in August

Taiwan LED makers Unity Opto, I-Chiun Precision Industry Co., Ltd., Leadlink, Lextar and Formosa Epitaxy seen to have brisk sales in August. Unity Opto, I-Chiun, and Leadlink saw sales hit new highs in July and are estimated to score another high in August in the regularly busy third quarter. According to industry executives, capacity utilization of Taiwan’s LED industry is still on the climb, leading to satisfactory earnings in the first half of 2012 at most of the island’s LED makers. They felt that these manufacturers would be more profit...
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2012-09-05

Taiwan’s LED-lit TV Makers Benefit from Mainland Authorities’ Subsidization Programs

Benefiting from mainland China’s TV makers vigorously building up inventories for the upcoming high season, Taiwan’s LED makers Epistar, Unity Opto, Lextar, and I-Chiun Precision Industry Co., Ltd. have been inundated in contracts. The mainland’s top six color TV makers are energetically promoting LED-lit TVs in anticipation of lucrative demands from the mainland authorities’ subsidization programs, which are designed to further boost LED-lit TV penetration in the Chinese mainland to 80% from current 70%. Lextar increases product...
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2012-08-14

Taiwan LED Makers Operation Results Impacted by European Debt Crisis

Looking at Taiwan LED makers’ operation results, it turns out that the debt crisis will impact them to different degrees in the second half. Unity Opto Technology, had revenue of NT$785 million (US$26.2 million) in July, a 10% month-on-month (MoM) increase and a record monthly high. The company attributed the record monthly high to many positive factors including additional orders from customers for new products, increasing demand from LED backlighting modules, increasing shipments of LCD TVs and tablet PCs from Taiwan-based EMS (electronics manufact...
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2012-08-08

Everlight, Lextar, Unity Opto Announces Mixed Revenue Results for July

Taiwan major LED companies Everlight, Lextar, Unity Opto Technology Co have released mixed results for July. Everlight’s revenue fall 4.83% Everlight’s filing with the Taiwan Stock Exchange has shown that its revenue fall 4.83 percent to NT$1.42 billion (US$47.4 million) last month from June. The company attributed the decline to shorter working days, as employees went on annual leave. On an annual basis, last month’s sales grew 5.6 percent from NT$1.34 billion a year earlier. Accumulated revenue for the first seven months of the year totale...
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2012-07-18

China LED Industry’s High Unused Capacity Renders 2H12 Outlook Uncertain

As the global economic outlook remains stagnant, LED industry’s peak season performance may fall short of expectations. Thus, Taiwanese LED firms such as Epistar, Unity Opto, Lextar, and Genesis Photonics underwent setbacks in the stock market on July 16. Since July, despite the orders keeping pouring in, there is still a considerable amount of unused capacity in the Chinese LED industry. Research institutes and foreign capitals become conservative about the LED market outlook, which kicks off the second half of 2012 with uncertainty. Most listed LED com...
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2012-07-10

Unity Opto Achieves Two-Year Monthly High of US$233M in June Revenue

Unity Opto’s global sales revenue in June have set up new record with a two-year monthly high of NT$7.1 billion (US$236.67 million), which mainly benefited from  the growing demand for LED TV and new production orders from its clients. The company is full confidence of its sales outlook for Q3, as its order visibility can last through the end of September for the moment. Its revenue is expected to grow strongly along with the steady increase in orders for direct-type LED TVs and tablet products, the surge in sales of LED lighting products in the domestic...
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2012-07-09

Unity Opto Becomes the Exclusively LED Backlight Supplier of Nexus 7

Taiwan LED manufacturer Unity Opto Technology Ltd. has exclusively supplied item’s LED backlight to “Nexus 7”, the first tablet computer jointly developed by Asus and Google, a renowned online search engine to be launched in America in July. A reliable source has informed that Nexus 7 uses touch-screen technologies of Hydis, a South Korea–based panel manufacturer, and uses LED chips from Formosa Epitaxy Incorporation (Forepi). And with Nexus 7 scheduled for launch this month, Unity begun shipping  LED backlights at least tw...
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2012-07-04

Taiwan LED Manufactures Gets Increasing Orders from Mainland China

As Guangdong government has come out the policy to make LED transition within three years in public place, Taiwan LED manufacturers including Epistar, Unity Opto Technology have received increasing LED lighting orders from mainland China. Meanwhile, Taiwan companies such as Everlight and AcBel Polytech Inc. are actively building marketing channel in Guangdong. According to the policy issued by Guangdong government in May, the city will forced to promote new LED lighting installation in public place within three years. It’s considered to be the stronge...
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2012-06-01

Epistar and Unity Opto Benefit from Robust Operating Performance in May

Epistar and Unity Opto Technology Co. , have enjoyed brisk operating performance in May, thank to strong market demand for display backlights and LED lightings. The two companies both confirmed the current booms, stressing that contract orders have increased even more significantly than expected. Epistar`s executives indicated that the company has received contract orders worth over NT$1.7 billion in May alone, more than it did in April, and has seen its production lines fully booked. With capacity lagging behind market demand, this maker will certainly keep running at ...
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2012-04-20

Increasing Orders Boost Taiwan LED Stocks

Benefit from the government's recent announcement that it will hike electricity rates, Taiwan several major LED lighting firms, such as Everlight, Edison and Unity Opto, have received large orders from corporate customers who want to cut operating costs through wider use of energy-efficient lighting. Therefore, the increase in orders in LED lighting have even boosted demand for LED chips and will lead to full capacity utilization at upstream suppliers in the LED chain in the second quarter. According to Mirae Asset Management analyst Arch Shih, “We e...
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2011-08-30

Taiwan Unity Opto be of Confidence in August LED Sales

Taiwan major LED packager Unity Opto Technology Co., Ltd., is satisfied with its revenue of NT$513 million (US$17.7 million) in July, up 2%. According to Unity Opto , sales of international TV brands have recovered in the third quarter,despite of the weak demand from LCD backlight modules. The company has seen clear increase of orders for backlighting application from TV makers in August. For shipments of illumination-application LEDs,it have been smooth in the past few months, especially deliveries to Japan. The company expects clear shipment growth in ...
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2011-07-19

Unity Opto’s Beijing Plant will Become a Major Maker in Northern China

Unity Opto Technology’s new plant located in Beijing, China is announced to be completed in early 2012 and will start mass production in the first quarter of next year. According to the company’s chairman, C.H. Wu, initial monthly capacity at the Beijing plant will be about 200 million LEDs, to be supplied mainly to Chinese makers of TFT-LCD panels, including BOE Technology Group for LCD TV panel backlighting. industry sources estimated that Unity Opto`s Beijing plant would become BOE`s major LED supplier as well as a major maker of il...
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2011-07-19

Taiwan Unity Opto Technology Received $9 Million Orders from Europe

Reportedly,Taiwan Unity Opto Technology has received a great deal of around US$9 million orders from several European lighting heavyweights for its LED lamps. Its revenue for this year is likely to double from last year to NT$3 billion. According to Unity Opto executives, the company will begin shipping the products in August, which are mostly indoor lightings such as light tubes and down lights. Asides from that , the March 11 Japan earthquake and Germany’s decision to shut all of its nuclear power plants by 2022 also have an important impact on the marke...
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2011-03-03

Unity Opto Becomes a Major Backlighting-LEDs Supplier for BOE

Reportedly, Taiwan LED manufacturer Unity Opto Technology, is expected to become a major supplier of LEDs for backlight modules to a Chinese TFT-LCD panel maker, Beijing BOE Optoelectronics Technology. Unity Opto will build a new plant in Beijing in April, with the new LED facility expected to have a monthly capacity of some 200 million LEDs by the end of 2011. In addition, it has also begun shipping LEDs to another major Chinese TFT-LCD panel maker TCL.  ...
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2011-01-06

Unity Opto 2010 accumulated revenues totaled NT$6.77 billion

LED chip packaging company Unity Opto Technology’ revenues for December 2010 were NT$510 million (US$17.51 million), down 8.9% sequentially but increasing 30% on year. The accumulated revenues for the full year were NT$6.77 billion, up 69% compared to 2009. Looking forward, both new LED backlit units and new clients were expected to ship much more in 1Q11. LED lighting products’ revenues were also expected to reach 20% in the total revenues in 2011 compared to 13% in 2010.
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2010-12-22

Unity Opto estimated 2011 revenues to increase by 80% from 2010

With demand LED backlight applications on the rise, Taiwan LED chip packager Unity Opto Technology expected monthly revenues to hit NT$700 billion (US$23.39 million) in 1Q 11. And the Full-year revenues for 2011 were expected to raise 80% to NT$12 billion from 2010.
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