LED epitaxial wafer and chip makers Tyntek and Epileds Technologies have reported consolidated revenues of NT$292 million (US$10 million) and NT$110 million respectively for January, the former increasing 6.55% sequentially and 28.99% on year, and the latter growing 49.80% sequentially and 32.98% on year.
Tyntek said AlGaInP LEDs for sensing devices were the main growth diver in January, and they accounted for 51% of the revenues. Demand for such LEDs mainly came from China-based makers of educational and business-use electronic white boards, Tyntek noted.
Epileds said it had nearly 50% of revenues from AlGaInP LEDs. Epileds has received orders for ultraviolet LEDs for disinfection purposes from China-based home appliance vendors. Epileds is installing production equipment at a new factory.
According to industry sources, demand for AlGaInP LEDs for sensing devices, plant-growth lighting, and others has been strong since early 2018, while prices for blue-light LEDs have been unstable mainly due to China makers ramping up new production capacity.