Accumulated Q1 revenue growth rate of 30%, optimistic about April and May results

LED Driver Factory Accumulation Technology (3527) recently held a law conference, announced that 2010 Q1 revenue reached NT$343 million, a quarterly decrease of 4.6%, an annual increase of 33.7%.

Yang Lichang, chairman of the company, pointed out that it is expected that another peak will be created in April and May. In terms of shipments in March, the company's drive reached 24 million, a record high. Among them, the driver for LED display screens is mainly about 90%.

In addition, LED street light products developed in cooperation with another Taiwanese company, Delta Electronics, have been introduced into the design. The LED backlight driver for LCD TVs has also been sent to Taiwan customers for certification, and the LED backlight driver products for LCD monitors are also shipped to customers. He estimated that non-LED display products IC in the second half of 2010 is expected to account for 10% to 20% of revenue.

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