Everlight to shift LED lighting focus from indoor applications to outdoor and commercial, says chairman
Siu Han, Taipei; Adam Hwang, DIGITIMES[Friday 30 January 2015]
LED packaging service provider Everlight Electronics, in view of the high risk of inventory value depreciation due to quick changes in LED lighting prices, will gradually shift the focus of its own-brand LED lighting marketing from indoor to outdoor and commercial LED lighting as well as automotive LED lighting, according to company chairman Robert Yeh.
LED lighting prices change rapidly mainly because there are low barriers for entry into the market, Yeh said. Currently, Everlight Electronics has 40% of consolidated revenues coming from LED lighting and LED backlighting each, Yeh indicated.
Everlight Electronics' own-brand LED lighting operations in Taiwan and China suffered a net operating loss of NT$800-900 million (US$26.1-29.3 million) in 2014, according to industry sources. However, Everlight Electronics is expected to post net EPS of NT$5.2 for 2014, the sources indicated.
Everlight Electronics chairman Robert Yeh Photo: Michael Lee, Digitimes, January 2015
Read the original:
Everlight to shift LED lighting focus from indoor applications to outdoor and commercial, says chairman
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