Wellypower Optronics has reported NT$807 million (US$26.78 million) in November 2010 consolidated revenues, up 5.66% sequentially. The Taiwan-based company's LED chip packaging and CCFL businesses contributed NT$429 million and NT$340 million, respectively, to represent 53.18% and 42.24% of November revenues. Lighting and other product lines turned in NT$36.959 million to account for a 4.58% share.

Wellypower indicated that though the CCFL sector is declining, the technology remains fairly strong in certain countries. For example, 50-inch CCFL TVs are still popular in Canada, and hence it will not exit the CCFL sector despite the growing trend in LED applications, the company said.

With clients typically digesting inventories during year's end, Wellypower projects December revenues to fall by less than 5% sequentially, and fourth-quarter consolidated revenues will also contract modestly from the third quarter to about NT$2.1-2.2 billion.