March is a big month for LED lighting exhibitions. Taiwan International Lighting Show and Light + Building will open later this month and have already garnered much attention from the market, according to Economic Daily News. The LED industry has rebounded this year, with February revenue growth substantially higher compared to last year.

Taiwanese LED lead frame manufacturer I-Chuin’s revenue dropped in February this year, due to fewer work days during the Chinese holiday season and labor shortages after Chinese Lunar New Year. Consolidated revenue for February reached NT $ 419 million (US $13.8 million), MoM drop of 19.79 percent and YoY decline of 2.48 percent. 

Lighting Science®, a provider of biologically-corrected lighting solutions, announced that it has entered into a new $53 million credit facility agented by Medley Capital Corporation. Proceeds from the transaction will be used to refinance existing credit facilities and to provide funding for operations, which will allow the company to continue pursuing its growth objectives.

Taiwanese LED package manufacturer Ledtech revenue and preliminary profit for January was affected by the shorter Chinese New Year holidays. Consolidated revenue for January only reached NT $137 million (US $4.5 million), a monthly drop of 19.65 percent and YoY decrease of 7.48 percent. January preliminary pre-tax profit was NT $11.6 million, YoY decrease of 32.3 percent and EPS of NT $0.1 (before tax).

Vertically integrated LED manufacturer Lextar announced revenue for Jan. 2014 was up 11 percent to NT$ 1.22 billion (US$ 40 million) compared to the previous month, or 28 percent YoY.

Chinese LED manufacturer Elec-Tech released a report on January 19th announcing the company’s various businesses’ preliminary estimated data for 2014. The company anticipates sales revenue in 2014 to increase by 50 percent compared to 2013, including sales revenue for their LED business which is estimated to increase 100 percent from 2013.

LiteOn released their December revenue yesterday, announcing that it had reached NT$ 20.18 billion (US $670 million), a monthly and yearly increase of 3 percent and 16 percent respectively making it the highest single month for 2013. Increase of end market demands spurred continual growth for core technologies, said LiteOn. Consolidated revenue for 4Q13 was NT$ 59.23 billion, showing unusually good performance for a slack season with quarterly and yearly growth of 4 percent and 12 percent respectively, the highest single quarter revenue in two and a half years. Revenue for all of 2013 reached NT$ 212.8 billion.

Vertically integrated Taiwanese LED manufacturer Lextar December revenue reached NT $1.1 billion (US $36.6 million), a decline of 5.8 percent from November but growth of 51.9 percent compared with December 2012. Revenue for 4Q13 was NT $3.32 billion, an increase of 40.9 compared to the same period in 2012. Revenue for 2013 as a whole was NT $13.7 billion, growth of 36.57 percent from NT $10.1 billion in 2012.

Taiwanese LED chip manufacturer Epileds released their December consolidated revenue. Affected by stocktaking towards the end of 2013, revenue for December reached NT $110 million (US $3.7 million), a decrease of 6.87 percent compared to November but a yearly growth of 16.38 percent. The company revenue for 4Q13 was NT $345 million, an increase of 6.76 percent from 3Q. Total revenue for 2013 reached NT $1.32 billion, with a yearly decrease of 2.15 percent due to impact from price drops.

Taiwan based LED package manufacturer Everlight had successful lighting revenue growth in 2013 due to gradually maturing LED lighting applications. Although, 4Q is typically a slack season for the LED industry, the company’s revenue this quarter were 30 percent higher than 4Q last year making up 25 percent of the company’s overall revenue, similar to the revenue proportion from backlighting. Everlight’s lighting revenue is anticipated to surpass backlighting for the first time, due to market growth in 2014 LED lighting.

LED package manufacturer Ledtech benefited from low temperature lighting orders.

According to LEDinside, a research division of TrendForce, in July 2013, the total revenues of LED companies listed on Taiwan’s stock market reached NT$ 10.95 billion (US$ 366 million), with a Year on Year (YOY) increase of 24.9% and a Month-Over-Month (MOM) growth of 4.24%. Listed Taiwanese LED chip manufacturers revenues peaked NT$ 3.85 billion in the same month, while listed LED package manufacturers saw revenues climb to NT$ 7.09 billion. Despite effects from slowed backlight demands, end-market demands have attracted LED manufacturers to quickly expand into lighting applications.

The total revenue of Taiwanese listed LED manufacturers plunged to NTD 10.6 billion in June 2013, as the LED market was affected by declining demand for backlight application and stocktaking, according to LEDinside, a research subsidiary of industry research organization TrendForce. Revenue of listed LED chip manufacturers reached NTD 3.97 billion, while LED package manufacturers revenue grew to NTD6.63 billion.

According to LEDinside, the LED research division of TrendForce, the total revenue of Taiwanese listed LED manufacturers in January 2013 is 8,220 million NTD (+21.5%MoM, +39.9%YoY). LEDinside indicated that in addition to the fourth quarter of 2012 (traditional off season), the TV manufacturers’ delay in stocking will also cause difficulties in the fourth quarter revenue of LED manufacturers.

According to LEDinside, the LED research division of TrendForce, Taiwanese listed LED manufacturers posted a total revenue of NT$6,917 million (MoM-14.8%, YoY+5.1%) as of December, 2012. As the fourth quarter is the traditional offseason, and branded TV vendors delayed the replenishment of their stocks, LED manufacturers’ fourth-quarter revenue was put to the test. Affected by the offseason effect in the LED backlight market, many Taiwanese LED manufacturers started to set eyes on the LED bidding market such as bulbs and street lights. However, in the face of keen competition in the market, most vendors have aggressively reduced their prices to win the bid, further dampening Taiwanese LED manufacturers’ profitability.

According to LEDinside, the LED research division of TrendForce, revenues of listed Taiwanese LED firms totaled NT$8.95 billion (MoM+1.68%, YoY+2.4%) in July 2012. According to LEDinside research, TV annual shipment for 2012 will see a mere 5% YoY growth, whereas monitor shipment will suffer a downturn. Notebook demand for 3Q12 is expected to be weak, but new products releases in Mid-3Q12 will pick up the demand and make the annual shipment stay flat compared to that in 2011. As for smartphones, annual shipment forecast revised from 660 million units to 606...

LEDinside, a research division of TrendForce, reports that China has become the largest production base for lighting products, accounting for 70% of the global capacity. According to LEDinside’s survey, China’s average number of monthly exported incandescent lamps, halogen lamps, hot-cathode compact fluorescent lamps (CFLs) and other lighting devices (including LED light sources) amounted to 667 million pieces, reaching a total value of US$ 1,140 million in 2010. The total export volume of 2010 reached 7.99 billion pieces and the total value hit US$ 13.677 billion, with a 24.2% growth in volume and 34.7% in value compared to 2009.

According to LEDinside, the LED research division of TrendFroce, the total monthly revenue of Taiwanese LED companies listed on TWSE reached NTD 9.23 billion in June 2011 (MoM-6.17%, YoY-10.9%). The LED chip manufacturers’ monthly revenue has decreased by 6.1% to NTD 4.34 billion, compared with that of last year (MoM-6.2%; YoY-6.1%). Furthermore, the LED package manufacturers’ monthly revenue has sharply dropped by 14.8% to NTD 4.89 billion, compared with that of last year (MoM-6.1%，YoY-14.8%).

According to the analysis and statistics of LEDinside, a research division under TrendForce, the total revenues of listed Taiwan LED manufacturers was up to NTD 8.09 billion in January 2011(MoM-2.04%，YoY+15.9%). Regarding upstream chip manufacturers, these figures reached NTD 3.77 billion in January 2011, (MoM-0.7%; YoY+20.7%). The Chip LEDX moved back at 4,472 points, while Package LEDX rose to 5,001 points, showing a moderate uptrend.

Traditional Slack Season Coupled with Weaker Demand for LED Backlit TV During China's National Day Holiday, Taiwanese LED Manufacturers' Revenue of October Dropped by 10% Based on the analysis and statistics of LEDinside, a research division under TrendForce, in October 2010, listed LED manufacturers in Taiwan have total revenue of 8.69 billion NTD, an 10.77% decline compared with September revenue of 9.736 billion NTD and 21.3% rise in YoY.

Traditional Slack Season Plus Chinese National Day Holidays Yet to Stimulate LED Backlit TV Demand, and Taiwanese LED Manufacturers‘ Revenue of October Dropped by 10% 



Based on the analysis and statistics of LEDinside, which is a research division under TrendForce, in September this year, listed LED manufacturers in Taiwan have total revenue of 9.736 billion NTD, an 8.1% decline compared with August revenue of 10.593 billion NTD and 45.8% rise in YoY. The revenue for LED chip manufacturers in September reached 4.554 billion NTD, down 6.9% from August. The revenue for LED package manufacturers in September amounted to 5.182 billion NTD, down 9.1% from August.

LED industry research institute indicated that Taiwan listed LED manufactures’ October revenues reached NT$6.974 bn in total, up 0.7% MoM and 23% YoY growth - of which, LED chip makers’ total revenue in October added 7.3% MoM to NT$ 3.151 bn, while LED packagers posted a 7.3% MoM decline to NT$ 3.823 bn.

AIXTRON announced its consolidated financial results for the first half of 2009. Stimulated by the adoption of LED backlight in LCD TV, AIXTRON recorded 23% increase in sequential quarterly revenues from EUR 46.2 million in Q1 to EUR 56.7 million in Q2.