Trade Resources Industry Views Lextar Expected to Benefit From The Rebounding LED Industry in 2014

Lextar Expected to Benefit From The Rebounding LED Industry 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.

Credit Suisse is positive that Lextar’s vertical integration model will help the company benefit from the LED industry rebound. Observations from Lextar’s lighting product line show the products accounted for 30 percent of total revenue in 2013. Lighting is expected to reach 40 percent of total revenues in 2014, as the company benefits from old and new client investments.

From backlight market overview, Chinese tablet manufacturers and brands will be using even thinner direct-view type modules in 2014. Taiwanese manufacturers that have quality advantages are expected to benefit, as well as Lextar. Furthermore, it is estimated Lextar’s Chinese client proportion is to increase. In addition, Lextar will also be providing Korean backlight clients with fourth generation flip-chip solutions in 2014. 

Source: http://www.ledinside.com/node/18872
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Credit Suisse: Lextar Lighting to Rebound in 2014
Topics: Lighting