Jason Wu, chairman of Taiwanese LED package manufacturer Edison Opto, is optimistic about lighting demand growth in 2014 and the opportunity for operations to rebound in March. The company expanded PLCC and COB production capacity in 2013 as LED lighting demands continued to rise. The company plans to further expand PLCC in 2014 and estimates that monthly production will increase to 800KK in 2014.

Taiwanese LED package manufacturer Edison Opto consolidated revenue for Dec. 2013 reached NT$ 209 million (US$ 6.95 million), a decrease of 2.09 percent compared to last month. However, the company’s Dec. 2013 revenue has soared 50.1 percent compared to the same period last year. Affected by the traditionally low season in 4Q13, consolidated revenue reached NT$ 641 million, despite a quarterly decrease of 22.54%, consolidated revenue increased 38.54 percent. The company’s consolidated revenue in 2013 reached NT$ 2.74 billion, a YoY increase of 20.91%.

Taiwanese LED packager Edison Opto’s  3Q13 financial results showed the company’s consolidated revenue reached NT$ 826 million (US$ 27.99 million) and underwent a Year-on-Year (YoY) growth rate of 44.89 percent and Quarter-on-Quarter (QoQ) of 1.6 percent. Under market cutthroat price competition in 2Q, consolidated profit margin was up 7.7 percent compared to 2Q13 to 19.97 percent.