Taiwan-based LED packaging house Everlight reported January revenues of NT$1.147 billion (US$39 million), down 10.5% on month and 2.4% on year. According to Everlight, the falling revenues were due to fewer working days.

Everlight expects LED lighting applications to show significant growth in second-quarter 2012. Overall, the percentage of revenues from LED lighting will increase in 2012.

Edison Opto also reported falling January revenues at NT$186 million, down 4.6% compared to December 2011 and 16% compared to January 2011. Edison Opto indicated that order visibility remains at one month.

Source:digitimes