Trade Resources Industry Views Ledtech Reports Down 18.6%on Month in June Revenues

Ledtech Reports Down 18.6%on Month in June Revenues

Ledtech reports on-month drop in June revenues Siu Han,Taipei;Jackie Chang,DIGITIMES[Tuesday 10 July 2012]LED packaging house Ledtech reported June revenues of NT$144 million(US$4.8 million),down 18.6%on month.Nevertheless,shipments of low-temperature LED lighting have been growing causing second quarter consolidated revenues to reach NT$468 million,an on-quarter increase of 17.48%.Ledtech believes as the boom season for low-temperature LED lighting shipments fades,revenues in the third quarter are likely to decrease compared to the second quarter.

The firm indicated that May revenues alone reached NT$176 million,but with delayed orders and falling shipments,June revenues showed on-month drops.

Ledtech Reports on-Month Drop in June Revenues

Source: http://www.digitimes.com/news/a20120710PD211.html
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Ledtech Reports on-Month Drop in June Revenues
Topics: Lighting