LED Taiwan factory New Century Optoelectronics 2010 Q3 revenue increased by 40% in the quarter

LED upstream Taiwan factory New Century Optoelectronics in 2010 Q3 revenue performance is good, the market is expected to increase by 40% compared with 2010 Q2, which is benefiting from the growth of LED backlight products, especially the company's shipments Part of the Korean manufacturer. In addition, New Century Optoelectronics also placed the LED lighting market in mainland China and entered the Japanese lighting market. The related benefits may be magnified in 2011.

On the other hand, the company also has a joint venture with Kunshan City in mainland China. The LED production scale is expected to reach 50 MOCVD in the initial stage of production. Q3 is expected to be put into production in 2011. The capacity planning in Taiwan is to be completed by the end of 2010. At the beginning of 2010, it achieved a total capacity of 55 MOCVD machines in two plants. The company's combined capacity in 2011 was not small.

Most of the orders for LED backlight products received by New Century Optoelectronics are newly introduced LCD TVs, so they are less affected by the recent adjustment of inventory by LCD TV manufacturers.

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