May 01, 2024

Taiju Optoelectronics has not implemented a system of unpaid leave to actively seek orders

[High-tech LED News] The third season of the LED industry is not prosperous in the peak season. Taiju Optoelectronics, which was originally optimistic about the market, is in a slump in the industry. In January and March of this year, the company's monthly revenue was once as high as nearly NT$200 million. However, it began to fall below NT$100 million in May and fell to NT$10 million in July. The month is still at the level of NT$10 million.

Yuefeng, who invested in the LED upstream sapphire single crystal factory, said that the subsidiary Taiju Optoelectronics has no unpaid leave, because the customer's inventory level is very low, the company has to maintain the business, and there is no unpaid leave. Although the industry boom is bleak and the LED market conditions are not good, in addition to the layout of the mainland, Taiwan Concentration is actively looking for orders in Korea and Japan.

The current order of Taiju Optoelectronics still maintains a relatively low level, but the water level in the customer's inventory is already quite low. In October, there is a slight replenishment of inventory, and the monthly revenue will not be worse.

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