Everlight Electronics to Challenge 20%-30% Revenue Growth

Taipei, March. 3, 2009 (CENS)--Everlight Electronics Co., Ltd., the most profitable light-emitting diode (LED) maker in Taiwan last year, recently claimed that it won orders for backlight unit (BLU)-use LEDs from a big international notebook PC brand. The company expects its revenue climb by 20% to 30% this year.

In addition, Everlight confirmed that its LEDs for monitor and LCD TV BLUs are undergoing certification, so its shipments of LEDs for large-sized light-emitting diode (LED) panels would enjoy clear growth.

The company recently conducted a corporate resfhuffle and assigned Bernd Kammerer, who original handled sales in the U.S. and Europe, as the president of the sales group. Everlight has proposed to raise its annual revenue by 20% to 30% to NT$14 billion (US$411.8 million at US$1: NT$34) this year, though some institutional investors doubted its feasibility.

In addition to BLU-use LEDs, Everlight said that its major revenue growth would be driven by high-power LEDs for office, auxiliary, streetlamp etc.