Edison's consolidated revenue in July reached a record high of NT$300 million

Taiwan's LED packaging factory Edison has expanded from the high-power LED (COB) market to the low-power (PLCC) market, driving the July consolidated revenue of 301 million yuan (NT) to a record high, with a monthly growth rate of 2.22%.

Edison pointed out that the third quarter has entered the traditional peak season of LED lighting, with the current capacity utilization rate still maintaining a peak of 90%, coupled with new capacity to join, it is expected that the third quarter performance will be better than the second quarter performance.

Since Edison intends to expand the price influence by trying to expand the market size, it has already received some lighting orders in the mainland. It is expected that the monthly revenue will be maintained at a level of 300 million yuan per month. The legal person also estimated that due to the existence of client inventory adjustment factors in July's revenue, it is estimated that August and September will show a gradual growth trend.

Edison has expanded its product line from the original high-power LED lighting package to low-power LED. Its market has evolved from projects, commercial photos, general lighting, and even customers can sell their products to the backlight market. Expanding the scale of production in response to the price war, its LED packaging capacity expanded this year, including PLCC and COB, will be completed in the third quarter, and LED lighting demand will rebound, and will show a quarterly growth trend in the second half of the year.

Fork Type Terminals

Fork Type Terminals,Insulated Bullet Sockets Terminals,Insulated Bullet Terminals,Type Fork Insulate Terminal

Taixing Longyi Terminals Co.,Ltd. , https://www.lycopperterminals.com

This entry was posted in on