[High-tech LED News] Taiwan's high-power LED lighting packaging factory Edison (3591) 2011 Q1 after tax net profit for NT$95.7 million, quarterly increase of more than 80%, annual reduction of 18%, after-tax net profit per share 1.08 yuan. Among them, the proportion of LED lighting revenue has climbed from 85% in the same period last year to 85%, and the revenue of Q1 lighting products has increased by about 32%.
Edison said that in 2011, the company will expand its production capacity according to the original plan. In addition to the monthly capacity of PLCC package doubled from the original 60 million to 120 million, the high-power LED components will be expanded from the current monthly capacity of 20 million to 50 million. Edison expects that the capacity at the end of Q2 will gradually open up, and it is estimated to increase to 100 million next year.
In addition, Edison's second-phase plant in Yangzhou, China, is also expected to be planned and designed for the next two years. The amount of future capital expenditure will also increase due to the expansion of the plant.
Edison said that in 2011, the company will expand its production capacity according to the original plan. In addition to the monthly capacity of PLCC package doubled from the original 60 million to 120 million, the high-power LED components will be expanded from the current monthly capacity of 20 million to 50 million. Edison expects that the capacity at the end of Q2 will gradually open up, and it is estimated to increase to 100 million next year.
In addition, Edison's second-phase plant in Yangzhou, China, is also expected to be planned and designed for the next two years. The amount of future capital expenditure will also increase due to the expansion of the plant.
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