Trade Resources Industry Views LED Chipmaker Epistar Reported November Revenues of NT$1.365bn,Down 10% on Month

LED Chipmaker Epistar Reported November Revenues of NT$1.365bn,Down 10% on Month

LED chipmaker Epistar has reported November revenues of NT$1.365 billion (US$46.92 million), down 10% on month, but representing an on-year increase of 6%. Accumulated revenues for October-November were NT$2.884 billion, showing a growth compared to the revenues of the same period in 2011. It is likely Epistar will see fourth-quarter sales show an on-year increase.

Epistar said that despite strong demand from some TV makers in December, overall order visibility of the month has been weak. As for the first quarter of 2013, order visibility is unclear, according to Epistar. The firm noted that the Lunar New Year in 2013 is in February, hence January performance should show on-year growth. The firm expects market conditions to improve after the Lunar New Year.

Due to China's subsidy program for energy-saving TVs, LED makers have been seeing continuous demand for backlight products. Epistar pointed out that the subsidy program will continue throughout first-half 2013, hence the firm believes TV backlight demand will improve starting March 2013.

Meanwhile, LED packaging house Everlight has reported November revenues of NT$1.478 billion, showing a slight decrease of 1.27% on month.

Epileds saw November revenues show a 4.16% on-month growth to NT$109 million. Epileds noted that the firm has been adjusting orders and production efforts since the end of the second quarter, and the benefits have shown in October and November revenues.

Edison Opto reported November revenues of NT$161 million, flat compared to October. The firm pointed out that fourth-quarter performance is likely to show a 10% on-quarter decrease or remain flat. Edison Opto also noted that demand in the first quarter of 2013 is unclear and expects the price fall of LED component to ease.

 

Taiwan-based LED firms: Revenues, Oct 2011 - Oct 2012 (NT$m)

Month

Everlight Electronics

Epistar

Edison Opto

Epileds

Sales

Y/Y

Sales

Y/Y

Sales

Y/Y

Sales

Y/Y

Oct-12

1,497

11%

1,519

20.6%

161

(12.8%)

104

10.5%

Sep-12

1,471

8.8%

1,616

14.8%

172

(7.2%)

103

(8.9%)

Aug-12

1,578

16.8%

1,721

23.2%

196

2.9%

104

(14.5%)

Jul-12

1,419

5.6%

1,667

14.3%

195

1.4%

115

(3.9%)

Jun-12

1,491

0.1%

1,730

-0%

205

5.5%

130

11%

May-12

1,450

(8%)

1,658

(13.1%)

211

(8.8%)

149

31.2%

Apr-12

1,369

(3.7%)

1,511

(10.8%)

227

(9.3%)

144

 

Mar-12

1,377

(5.8%)

1,436

(15.5%)

214

(17.3%)

135

 

Feb-12

1,221

10.9%

1,185

(12.9%)

196

8.4%

98

 

Jan-12

1,147

(2.4%)

980

(29.4%)

186

(16.2%)

63

 

Dec-11

1,281

(1.4%)

1,117

(22.4%)

195

2%

78

 

Nov-11

1,337

2%

1,293

(22.2%)

201

(6.6%)

79

 

Oct-11

1,349

7.6%

1,259

(26.4%)

184

(25.2%)

95

*Figures are not consolidated

Source: http://www.digitimes.com/news/a20121206PD219.html
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Epistar, Everlight See November Revenues Fall on-Month
Topics: Lighting