2013-07-05

Expiration of Energy Subsidies Takes Negative Impact on the Revenue of Everlight in June

The energy subsidy policy expired at the end of May in mainland China, resulting in the revenues of LED plants associated with the panel backlight in June are not as good as expected, for example, revenue of Everlight in June may decrease, Everlight started its five-day "Golden Week" holiday from July 4 when the demand has been weak. The appliance subsidies expired by the end of May in Mainland China, the mainland TV plants have achieved great shipments from early May, causing the revenue of Everlight in May hit a record single-month high, but to June, the...
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