2013-09-09

Lighting and Backlight Demands Pushes Everlight Aug. Revenue Up To NT$ 2.41 B

Strong LED backlight and lighting product performances pushed Taiwan LED package manufacturer revenue for Aug. 2013 up 10.13% to NT$ 2.41 billion (US$ 8 million) compared to NT$ 2.19 billion in July. The company announced Monday its financial results for Aug. 2013, which showed record high growths, as revenues grew at an Year-on-Year (YOY) rate of 33.96% compared to the same period last year. Everlight’s order visibility is 1.5 months, and its utilization rate was 80-90%. Operations in 2H13 showed minor differences in 3Q and 4Q estimations.
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