GLII: Taiwan's packaging manufacturers' revenue in the first quarter increased by 15.51% year-on-year

[Text/GLII] With the implementation of the ban and the strong demand in the lighting market, the demand for LED packaging industry in Taiwan increased rapidly in the first quarter. According to statistics from Gaogong LEDGLII, in the first quarter, 14 listed packaging companies in Taiwan achieved a total revenue of 3.151 billion yuan, a year-on-year increase of 15.51%. Among them, there were 9 companies with a year-on-year increase in revenue, and 4 companies with revenues exceeding 20% ​​year-on-year. There were also 5 companies with a year-on-year decline in revenue.

From the perspective of enterprises, in the first quarter, Hongqi and Edison's revenue increased significantly, with a year-on-year increase of 33.56% and 44.63% respectively. Hongqi achieved revenue of 243 million yuan in the first quarter, mainly due to the fact that the company's revenue accounted for 40% of the OEM orders, and the RGB LED orders for LED displays are also very impressive, which in turn drives revenue growth; In the first quarter, Sen achieved revenue of 136 million yuan, mainly due to the increase in business volume of the company. The company's production capacity continued to expand. In 2014, the company plans to expand its production capacity by 2.6 times.


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