Epistar and Everlight See Slight Growth in May Revenues

Epistar, the LED epitaxial wafer and chip maker, and Everlight Electronics, the LED packaging service provider, have reported revenues of $73.25 million and $78.36 million respectively for last month. This represents a rise for Epistar of 1.18% compared to April 2017, and a rise of 2.67% compared to May last year. The comparable figures for Everlight were rises of 5.15% and 2.44%.

Epistar’s year to date revenues were $335.3 million, which was a fall of 3.51% compared to the same period last year, while the year to date figures for Everlight were $374.92 million and a fall of 2.95%.

Epistar has fully utilised capacity for its blue-light LED chips and has received orders for LED chips for CSP (chip scale packaging) LCD TV backlighting. According to market analysts, Epistar will have revenues of $215 to $218 million for the second quarter of 2017, which will represent a rise of just under 10% compared to the first quarter of 2017.

Everlight exhibited five UV-A LEDs and two UV-C models at the 2017 Guangzhou International Lighting Exhibition earlier this month. The company also showed monochrome LED lighting which can be used to encourage plant growth.

Everlight Electronics at the Guangzhou International Lighting Exhibition