Baihong focuses on LED niche applications and strives to increase revenue by 5% annually in 2025

LED factory Baihong said that even if external variables such as external inflation interfere, the company remains cautiously optimistic about its operations in 2025. It is expected to be the same as last year, and even strives to increase by 5% annually.

Baihong's June revenue was 90.3 million yuan (NT$, the same below), a monthly increase of 0.33%, an annual decrease of 19.28%; the second quarter revenue was 284 million yuan, a quarterly decrease of 12.44%, and an annual decrease of 19.14%; the first half of the year revenue was 534 million yuan, an annual decrease of 13.96%. Looking forward to the second half of the year, Baihong expects that several large-scale construction projects will be completed and recognized in the third and fourth quarters, which is expected to become an important growth driver.

Baihong emphasized that it will focus on multi-faceted development and continue to improve product quality and functionality in existing mass-produced application products, including smart home, security and control, aviation and transportation electronics, computer-related applications, induction sensing and lighting.

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In addition, in order to meet customers' customized and differentiated needs, Baihong will actively provide new solutions to further increase the added value of its products.

For cases with special specifications, Baihong will accelerate the promotion in order to expand more special application markets and enhance competitiveness. Baihong explained that it will continue to deepen its "customized LED products" strategy, lock in niche markets, and actively invest in the research and development of new technologies. (Source: Taiwan Economic Daily)