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Total sales of LED firms decline in 3Q11

, Taipei
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Combined revenues of listed LED companies, including LED epitaxial wafer and chip makers and LED packaging firms, in Taiwan totaled NT$24.92 billion (US$819.74 million) in the third quarter of 2011, decreasing 12.8% from the previous quarter, according to data released by the companies.

Sales of LED epitaxial wafers and chips amounted to NT$11.06 billion in the third quarter, down 17% sequentially and 23% on year, the data showed.

Third-quarter revenues of LED packaging firms reached NT$13.86 billion, a decline of 9% from the second quarter. Among LED packaging companies, Everlight Electronics posted revenues of NT$1.35 billion in September, edging up 0.2% on month.

However, sales of LED products are expected to stage a rebound in October due to an influx of short lead-time orders for LED backlight products from the TV sector, according to LEDinside.

Article translated by Steve Shen