Radiant Optoelectronics Co.,Ltd Will Start Entering Into The LED Lighting Sector This Year

Radiant Optoelectronics Co., Ltd. Chairman B.R. Wang recently said his company will start entering into the LED lighting sector this year, with commercial products to be primary products in the initial stage. Wang, whose company makes backlight modules for personal computers, said the company will make most of its advantage in light guide plate R&D to drum up built-to-order contracts among international lighting brands. He said the company’s lighting operation can provide customers with integrated service using its light guide plate technology and backlight module knowhow. The chairman pointed out that the company will start to build up competitive strength and footholds for its LED lighting operation over next three to five years. Noting that lighting operation will not account for much of the company’s revenue, which reached NT$63.4 billion (US$2.1 billion at US$1: NT$29) in 2011, Wang said that the company would not be outshone by existing LED-lighting manufacturers on the island in terms of LED lighting revenue. Wang pointed out that although the company does not have integrated manufacturing capability boasted by many of existing LED lighting manufacturers on the island, its unmatched procurement volume of LEDs every month provides it with the bargaining chip for price negotiation with LED suppliers. When people in the LED lighting industry are concerned about issues associated with light intensity and price, Wang is considering how to make the lamps look more charming. The island’s heavyweight LED makers, including Epistar Inc., Everlight Electronics Co., Ltd., Lextar Electronics Corp., Delta Electronics Inc. and Edison Opto Corp., estimated the recent considerable hikes of oil prices and electricity rates on the island will give a boost to the island’s LED lighting industry. Source: cens.com