Citibank 4Q13 forecast-LEDinside

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2013-09-06

Citibank: Chances of Sharp LED Order Falls Unlikely in 4Q13 as Lighting Demands Grow

Affected by the end of China’s Home Appliance Subsidies, demands for large size LED-backlit products waned in 3Q13. Citibank’s report forecasted large size backlight LED revenues for Epistar Corp. and Everlight Electronics, leaders in Taiwan’s LED upstream and downstream markets. The entry of lighting demands will alleviate the stress manufacturers are under from sliding LED-backlit demands.

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