Mon, Oct 21, 2013 - Page 14 News List

Demand prompts LED recovery

LED LOOKS BRIGHT:China is expected to renew state subsidies on energy efficient household appliances next year, which will lend a hand to TV component makers

By Kevin Chen  /  Staff reporter

Unity Opto said the new program could prompt TV brands to resume buying LED backlights this quarter, while the still-strong sales momentum in LED lighting may help boost its sales by a double digit percentage from the July to September quarter.

Epistar shares rose 1.92 percent to NT$53 and those of Everlight advanced 2.1 percent to NT$53.5 on Friday. Lextar increased 3.19 percent to NT$25.9, but Unity Opto fell 0.42 percent to NT$23.6.

Additional reporting by CNA

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