Monday, November 19, 2012

Everlight Receives Considerable Orders for IR LEDs from Mainland Chinese Suppliers

Recently, Everlight has enjoyed considerable business for its infrared (IR) LEDs from many mainland Chinese suppliers of touch-screen modules for Win 8 PCs.

Based on these orders, industry executives estimated IR LEDs as a percentage of Everlight?s revenue to further increase next year from current 25%.

according to Everlight?s spokesman, B.Y. Liu, the company has so far this quarter landed considerable orders from touch-screen module suppliers that will likely shore up the company?s revenue for Q4 to Q3. Usually, the fourth quarter is a low season for the company?s products.

Liu added that gross margin from invisible-ray LEDs such as IR LED is much heftier than that of visible-ray LEDs, and that the company has opened a business unit for touch-screen IR LEDs. He estimated the business will increase contribution to the company?s revenue in 2013.

Source: http://www.ledinside.com/news/2012/11/everlight_orders_from_mainland_20121119

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