LED lighting maker Tons Lightology has obtained orders with shipments scheduled till a number of months after however has had shipments deferred attributable to congested logistics operations at many harbors all over the world and absence of containers, in line with the corporate.
OEM demand within the US and Europe markets has rebounded, however many shipments have lagged not on time, resulting in smaller consolidated revenues than initially anticipated, Tons stated.
While LED lighting distributors have raised costs by 3-15% to replicate elevated materials value because the finish of 2020, Tons hiked quotes for 2 rounds within the first half of 2021 and can additional hike quotes relying on product traces within the second half, Tons famous.
In addition to OEM shipments, Tons focuses own-brand advertising and marketing on LED lighting initiatives for big industrial amenities, museums, and enterprise headquarters within the China market, with the corresponding income proportion standing at 30% at current. LED penetration of lighting within the China market has risen to 78%, greater than the worldwide common of 57% estimated for 2021, Tons indicated.
Tons has reported consolidated revenues of NT$74.Three million for August, slipping 37.44% on month and eight.17% on 12 months, and people of NT$626.2 million for January-August, rising 22.31% on 12 months. The lower in August income was attributable to deferred shipments, Tons defined.
