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12 April 2010
Epistar and Formosa Epitaxy hit new highs
Taiwanese LED chipmakers Epistar and Formosa Epitaxy (Forepi) achieved record monthly revenues in March, reports DigiTimes.
For March 2010, Epistar recorded revenue of NT$1.46bn (USD46.18m), an increase of around 15% sequentially and 61% year-on-year. Q1/2010 revenue increased 99% year-on-year to reach NT$4.03bn.
According to the report, orders for blue LED chips are 30% more than Epistar’s capacity in April, and this trend is set to continue in Q2 says the firm. AlGaInP LED production reached an about 70% utilization rate in Q1/2010, with demand expected to increase after May.
On 8 April 2010, Epistar broke ground on its new LED epitaxial wafer fab in Changzhou, China, where it plans to install a total of 30 MOCVD systems, six of which will be installed at the end of 2010, says DigiTimes. Production at the Changzhou plant will start in Q1/2011, says Epistar’s Chang Shie-Shien.
Revenues from Feb 2009 - Feb 2010 (NT$m) |
||||||||
Month |
Epistar |
Forepi |
||||||
Sales |
Y/Y |
Sales |
Y/Y |
|||||
Feb-10 |
1,267 |
84% |
213 |
203.6% |
||||
Jan-10 |
1,301 |
205.2% |
204 |
285.2% |
||||
Dec-09 |
1,263 |
174% |
216 |
423.9% |
||||
Nov-09 |
1,315 |
103% |
266 |
286.4% |
||||
Oct-09 |
1,275 |
41.1% |
252 |
171.2% |
||||
Sep-09 |
1,260 |
36.7% |
242 |
91% |
||||
Aug-09 |
1,249 |
36.7% |
224 |
60.1% |
||||
Jul-09 |
1,209 |
31.4% |
185 |
35.3% |
||||
Jun-09 |
1,148 |
35.7% |
168 |
35.8% |
||||
May-09 |
979 |
(3.3%) |
162 |
(0.2%) |
||||
Apr-09 |
983 |
(6.9%) |
137 |
(15.7%) |
||||
Mar-09 |
910 |
(3%) |
118 |
(25%) |
||||
Feb-09 |
689 |
(17.5%) |
70 |
(39.1%) |
||||
Forepi reported March revenue of NT$319.06m (USD10.11m), up 49.91% sequentially and 169.27% year-on-year. Revenue for Q1/2010 increased 204.64% year-on-year to NT$735.88m (USD23.20m).
*Figures are not consolidated.
Table Source: TSE, compiled by Digitimes, April 2010.
See related items:
Taiwan’s Epistar entering mainland China LED manufacturing
LED chip-makers Epistar, Formosa and Genesis report strong year on year revenue growth
Visit: www.epistar.com.tw
Visit: www.forepi.com.tw
Visit: www.digitimes.com
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