Trade Resources Industry Views Lextar Electronics's Consolidated Revenues Decreasing 17.05% for February

Lextar Electronics's Consolidated Revenues Decreasing 17.05% for February

LED epitaxial wafer maker and LED packaging service provider Lextar Electronics on March 5 reported consolidated revenues of NT$1.054 billion (US$33.5 million) for February, decreasing 17.05% on month but increasing 19.61% on year, and NT$2.324 billion for January-February, growing on year by 10.67%.

The sequential decrease was due to fewer working days because of the Lunar New Year holidays in February, Lextar said.

Lextar began large-volume shipments of LED backlight units used in new LCD TV models to Japan- and China-based vendors in the first quarter of 2015, the company indicated.

For LED lighting, Lextar will soon increase production of home-use LED light bulbs, the company said. In addition, Lextar said it will promote DOB (driver on board)-based LED lighting solutions for adoption by LED lamp vendors.

Source: http://www.digitimes.com/news/a20150305VL201.html
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Lextar Electronics February Revenues Down on Month, up on Year
Topics: Lighting