LED packaging house Unity Opto Technology expects revenues of NT$7 billion (US$228 million) for 2010, hiking 75% from 2009, and revenues to increase 71.4% to NT$12 billion in 2011, according to industry sources.
Unity has seen increasing orders for LED backlighting products for LCD TVs from makers in South Korea, Japan and China in 2010, and growth will continue in 2011, especially in the China market, according to company chairman CH Wu. Unity expects its global market share for LED backlighting products to rise from 10% in 2010 to up to 15% in 2011, Wu said.
In addition, Unity expects revenues for LED lighting products to increase from NT$1 billion in 2010 to NT$2 billion in 2011.