LED chipmakers Epistar and Lextar Electronics and LED packaging house Everlight Electronics all posted sequential declines in revenues in June due largely to inventory checks at clients and decreased demand for LED backlight units (BLUs).
Epistar saw revenues decline 9% on month and 6.6% on year to NT$1.73 billion (US$60.07 million) in June. For the January-June period of 2011, revenues totaled NT$9.78 billion, increasing 5.4% on year.
Epistar expects demand for LED lighting products from channels to pick up again in the third quarter due to a low level of inventory.
Lextar posted revenues of NT$760 million for June, down 3% on month. However, Lextar's second-quarter revenues registered a gain of 32.2% sequentially to NT$2.38 billion. Despite a sequential revenue decline in June, Lextar's shipments of lighting products grew by a double-digit rate for the month, the company said.
Everlight reported revenues of NT$1.49 billion for June, down 5.4% on month and 7.3% on year. Accumulated revenues for the first six months reached NT$8.22 billion, edging up 2.2% from a year earlier.
Article translated by Steve Shen