Taiwan-based LED lead frame maker I-Chiun Precision Industry has reported March consolidated revenues of NT$557 million (US$18.5 million), showing an on-month increase of 29.69% and an on-year increase of 22.31%. The firm is optimistic about second-quarter performance and believes demand will rise.
I-Chiun entered the direct-lit LED TV lens and module business in 2012 and due to rising demand for direct-lit LED TVs, shipments for backlight modules and surface mount LEDs (SMDs) have both been increasing.
The accumulated consolidated revenues for the first quarter of 2013 were NT$1.497 billion, representing an on-year growth of 19.85% and an on-quarter decrease of 12.51%, according to the firm.
|
I-Chiun: Consolidated revenues, Jan 2013 - Feb 2013 (NT$m) |
|||||
|
Month |
Sales |
M/M |
Y/Y |
YTD |
Y/Y |
|
Feb-13 |
429 |
(16.1%) |
6.2% |
941 |
18.5% |
|
Jan-13 |
512 |
29.7% |
31.2% |
512 |
31.2% |
*Figures are consolidated
Source: TSE, compiled by Digitimes, April 2013
