Taiwanese LED manufacturers’ March revenue data is released. Data show that thanks to the recovery in demand for TV LED backlights and the rapid increase in the penetration rate of the LED lighting market, Taiwan's major LED companies all achieved month-on-month growth in operating income in March. The month-on-month growth rate of most companies exceeded 10%. LED packaging company Dongbei increased by nearly 40% month-on-month. The overall LED industry performed significantly better than in February.
The lighting order visibility of some manufacturers such as Dongbei has exceeded expectations for nearly three months. Thanks to the decline in LED prices and the increase in penetration rate, the LED lighting market will continue to maintain a good growth trend.
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