Taiwan BLU Makers See Sales Rise MoM

Taiwan’s two major BLU manufacturers reported sequential increases in sales in March, though for both companies, last month’s result was down year on year.

Radiant Opto-Electronic achieved a 17.7% month on month increase in sales to NT$3.1 billion ($99 million), though this was 15.3% down on March 2014. Sales in the first three months of the year were also lower YoY, down 25.2% to NT$9.4 billion ($300 million).

Coretronic’s March sales climbed 25% from February to NT$5.6 billion ($178.9 million), taking sales so far this year to NT$15.8 billion ($504.8 million). The company’s monthly and year to date revenue, however, was down 12.6% and 17.3% respectively. Coretronic shipped 6.2 million BLUs in March, growing 17% MoM and 18.5 million units in the first three months. In addition, the company shipped 87,000 DLP projectors, an increase of 30% from February and 227,000 units in January to March, slipping 14% YoY.