Trade Resources Industry Views Edison Opto Aims to Maintain Gross Margin at 15-20% for 2012

Edison Opto Aims to Maintain Gross Margin at 15-20% for 2012

Edison Opto, a Taiwan-based packaging house of high-power LED chips for lighting, aims to maintain gross margin at 15-20% for 2012, despite pressure from declining product prices, according to the company. As gross margins for LDMS (lighting design manufacturing services) are higher than those for packaged LED devices, Edison is making efforts to increase the proportion of revenues for the former. Edison has seen increased orders for LDMS from the US and Europe in the first quarter of 2012, with revenue proportion expected to rise from 25-30% in the fourth quarter of 2011, to 30-35%, the company indicated. Edison on March 2 released is 2011 financial report, posting consolidated revenues of NT$2.506 billion (US$81.8 million), gross margin of 20.11%, net operating profit of 217 million, net profit of NT$210 million and net EPS of NT$2.04. Source: www.digitimes.com

Source: http://www.digitimes.com/news/a20120303PD211.html?mod=3&q=LED
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Edison Opto aims to keep 2012 gross margin at 15-20%
Topics: Lighting