LED Bright in 2010

Everlight Electronics and Lite-On Technology are optimistic about LEDs in 2010. Everlight expects record revenues in the first quarter of 2010 while Lite-On plans to capture 20% of LED backlights for worldwide notebook PC applications in 2010; currently the company’s market share is 12%. Lite-On expects to ship 7.5 million LCD monitors with LED backlights (“LED monitors“) in 2010, grabbing 30% share of a forecasted 25 million units for LED-backlit monitors in 2010. In order to secure enough LEDs for LED backlights in LCD TVs (“LED TVs“), there is a rumor that Amtran Technology and LG Electronics may become shareholders of Everlight. Source: DIGITIMES