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2013-09-16

Everlight Q3 Q4 Performance Unaffected By Patent Dispute with Nichia

Taiwan LED packaging manufacture Everlight and Japanese LED manufacture Nichia’s patent war continues with both sides refusing to back down. The dispute however has not affected J.P. Morgan’s outlook for Everlight’s Q3 and Q4 operations. J.P. Morgan believes that recognized earnings for street light bids and German subsidiary WOFI’s recognized earnings for the second half of the year will be expected to increase around 10 percent for Q3. Revenue for Q4 is expected to continue rising.

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