2013-11-12

Credit Suisse: Lextar Lighting to Rebound in 2014

Leading Taiwanese LED company Lextar will be unable to avoid impact from 4Q13 low season, according to Credit Suisse reports. However, the company is expected to benefit from the rebounding LED industry in 2014. Lextar lighting revenue is expected to soar 40 percent as new clients join in and investments from old clients. With rising number of Chinese clients, the backlight market performance is expected to be better than average market performance.
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