2017-03-22
Taiwanese LED chip maker Epistar Tuesday reported financial results for both the fourth quarter and the year ended December 31, 2016. Although net loss for the year widened, operating profit margin for the last quarter jump to 6.7%, the highest in nine quarters. The gain is significant considering the number was -33.14% in 4Q15.
Continue reading →
2017-03-13
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.”
Continue reading →