The increase in the demand for long term electronic forecast LED sorting makes its sales increase significantly

In view of the rapid rise of LED sorting requirements, Long Yuan Electronics believes that in 2008 its corresponding sales will exceed the average growth rate of 20%-30% industry.

Long Yuan Electronics is expected in December sales will continue to grow strongly, reaching NT 1.9-2 billion (580-620 million), while LED chip utilization reached the highest peak. The company also said that some customers will be postponed to the order issued in December, but also to promote a factor in sales this month. The fourth quarter is expected to increase 15%-20% over the previous quarter.

With the third quarter is the peak sales of the historical pattern is different, Long Yuan Electronics believes that the first quarter of 2008 sales will remain stable, rather than cyclical reduction. LED chip industry growth rate is usually 20%-30%, the company is confident that they will exceed the average. In order to meet the high demand, Long Yuan Electronics does not rule out the possibility of further expansion of production, the company expects LED series of products will be more than 93-94 billion, an annual increase rate of 57%. Long Yuan Electronics, said in 2008 its output will be more than 19 billion, annual sales increased by 50%. (ttp://www.digitimes.com/)