Taiwanese LED packaging manufacturer Edison’s consolidated revenue for September experienced a monthly decrease of 18.89 percent to reached NT$235 million (US$8 million), but grew at a YoY rate of 34.76 percent a monthly decrease of 18.89 and YoY growth of 34.76 percent. Performance last month September was affected by the lengthy holiday season which included Autumn Festival and National Day holidays.In addition, acquisition of badly priced orders, there was a clear decline in September revenue. Combined revenue was NT$2.1 million from Jan.-Sept. 2013 , a growth of 16.3 percent compared with 2012.
September revenue was only slightly affected by the holiday season and fewer working days, said Edison . The upcoming National Day holidays had lead to Chinese clients stopping shipments early which had affected revenue performance. Utilization rate for September reached about 80 percent last month , including COB utilization being higher than the average value and, while PLCC components were lower than the average value. Order visibility rate during September was about 2-4 weeks.
Edison has begun screening badly priced orders. Not only can badly priced orders affect September revenue, it can also influence October revenue performance.
