Unity Opto Expects Percentage of Revenue from LED lighting to nearly double to 30 percent in 2011
Source/Type:  LIGHTimes Online - News - Staff reports

Author: LIGHTimes News Staff

June 15, 2010... Unity Opto, a Taiwan-based LED packaging firm says it expects to increase its total revenues coming from shipments of LED chips from 16 percent to 30 percent in 2011. The company's LED chips have been placed in LED lamps in the US, Europe, Japan and China, but the company does not have plans to sell such products under its own brand, according to a Digitimes article. Unity Opto's three main revenue sources are reportedly products for medium-to-large-sized backlight, lighting devices, and automobile applications. The automobile segment currently represents a 6-8 percent of Unity Opto's revenues. Its contribution will increase as growth in the China market accelerates, the company pointed out. Unity Opto's revenues more than doubled for the first five months of 2010 increased 118.75% on year to NT$2.51 billion (US$77.713 million), according to the company. The company expects sales for the second-half of 2010 to rise 50 percent from the first half with strong shipments from June to November.

See the Current Industry News Summary
See this article in its orginal context, with the other current news from the same week