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2017-08-17

EVERLIGHT Will Witness Growth in 2H17 but Profit of the Year Might Still Fall

LED package giant EVERLIGHT reported a solid 2Q17 revenue and profit better than that in 1Q17, yet worse than that in the prior year period. The product mix adjustment and price wars are said to account for the annual decline in EVERLIGHT’s finance. Besides, its new capacity is yet to contribute.

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