LED automotive lighting module maker Laster Tech has reported July consolidated revenues of NT$370.2 million (US$13.2 million), growing 9.76% on month however reducing 13.15% on yr, whereas fellow maker Excellence Optoelectronics (EOI) had these of NT$272.four million rising 0.96% on month however shrinking 25.36% on yr.
Laster posted consolidated revenues of NT$3.086 billion for January-July, rising 44.29% on yr, whereas these of NT$2.102 billion for EOI rose 13.22%.
China-based automotive lamp makers Huayu Vision Technology (Shanghai), Varroc TYC Auto Lamps and Guangzhou Koito Automotive Lamp are Laster’s top-Three shoppers, in line with trade sources. Laster has turn out to be a provider for first-tier automotive lamp makers in China, together with Beijing Sanli Auto Lamp and Changchun Hella Automotive Lighting.
Due to quick provide of automotive semiconductor parts, Laster’s shoppers suspended manufacturing for 2 weeks in July, the corporate mentioned. Viewing that the worsening pandemic in Southeast Asia has affected the semiconductor provide chains there, corresponding to IC packaging and testing in Malaysia, automotive semiconductor parts will stay briefly provide in second-half 2021 although there’s a chanc the shortages could begin easing within the fourth quarter on the earliest, Laster famous.
For EOI, most shoppers are suppliers to US-based automakers. Since these automakers’ manufacturing has been impacted by quick provide of automotive ICs, EOI has seen decreased demand however expects its shipments to considerably improve in late August when demand rebounds.
Laster posted consolidated revenues of NT$1.216 billion, gross margin of 15.46%, working revenue of NT$3.9 million, web revenue of NT$3.Three million and web EPS of NT$0.04 for second-quarter 2021, resulting in consolidated revenues of NT$2.719 billion, gross margin of 16.20%, working revenue of NT$47.9 million, web revenue of NT$47.eight million and web EPS of NT$0.53 for the primary half of the yr.
Headlight modules accounted for 25% of the half-year revenues, taillight modules for 49%, and daytime working gentle modules for 21%, Laster indicated.
EOI recorded consolidated revenues of NT$846 million, gross margin of 18.92%, working revenue of NT$7.5 million, web lack of NT$16.four million for the second quarter. For the primary half of 2021, EOI posted consolidated revenues of NT$1.830 billion, gross margin of 20.65%, working revenue of 56.6 million and web revenue of NT$18.2 million.
