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Taiwanese LED Makers Squeezed Financially By Chinese
Everlight Electronics has posted operating profit of NT$532.7 million (US$18.3 million) for the third quarter of 2020, while Epistar reported net operating losses of NT$1.134 billion and Lextar Electronics NT$236.6 million. Both Epistar and Lextar have been suffering from quarterly operating losses since the fourth quarter of 2018.
Table 1: Q320 LED Company Financial Performance
Everlight Electronics has posted operating profit of NT$532.7 million (US$18.3 million) for the third quarter of 2020, while Epistar reported net operating losses of NT$1.134 billion and Lextar Electronics NT$236.6 million. Both Epistar and Lextar have been suffering from quarterly operating losses since the fourth quarter of 2018.
Table 1: Q320 LED Company Financial Performance
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Barry Young
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