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Epistar on 21st June announced its financial results, reporting a fully utilized capacity of blue LED as well as a sustained production of AlInGaP LED despite subtle growth in both the output of light sources and the orders for LED backlighting and little possibility to raise prices of its products. The company estimated a 15% QoQ rise that could possibly push up 2Q17’s revenue close to the number in 2Q16. Epistar also expected a decent financial performance in 3Q17 supported by the chip production for LED lighting, AlInGaP LED and infrared LED.
Micro LED has been receiving market attention and attracting loads of investment within the industry. B.J. Lee, Chairman of Epistar, contended that Micro LED, even if it is yet to enter the mass production stage, proved to the public new possibilities for LED innovations. Micro LED is said to offer economical products in the market within five years and Epistar is likely to provide chips as well as wafers. As for MiniLED, Epistar currently holds related technology for applications such as fine-pitch displays and direct-lit HDR TV modules.
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