Taiwanese LED chip manufacturer Arima Optoelectronics Corporation (AOC) recently released its pre-audited earnings report of 2016. Due to a 38.17% increase in revenue and growing demand for AlGaInP LED chips, net loss of the year decreased by a whopping 42.48% and loss per share was also down to NTD 0.57 (USD 0.018), the lowest in nearly six years. With a new wave of demand for high-end AlInGaP LEDs (red LEDs) and IR LEDs, AOC is aiming for turning loss into profit in 2017, but it has to “work extremely hard.”

2016 LED Market Demand and Supply Analysis