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16 March 2009


Taiwan’s Harvatek to double high-power LED capacity

Taiwan-based LED packaging firm Harvatek plans to double its monthly capacity of high-power LEDs from the current level of 1.5 million units to 3 million units, but has not specified the schedule for the expansion, according to a report in Digitimes.

The proportion of Harvatek’s revenues that is made up from high-power LEDs share is estimated to rise from 2% in 2008 to 8-10% in 2009. In both January and February the firm received orders of NT$8-9m for LED lighting products, and orders for LED lightbars from European vendors are expected to be the main growth driver in 2009.

Harvatek has entered the supply chain of Apple and two Taiwan notebook vendors for side-view LEDs used in notebook keyboard backlighting, and the firm expects to start volume shipments in June.

Harvatek’s revenues grew 23.5% from NT$120m in January to NT$149m (US$4.3m) in February. However, this is still down 31.5% year-on-year, according to data from the Taiwan Stock Exchange (TSE).

See related items:

LED-backlit notebook PC shipments grow 62% in Q4/2008

LED market to grow 2.9% in 2009, aided by LCD-TVs

Shipments of LED-backlit notebook PCs rise 63% in Q3; penetration to rise to 25% in Q2/2009

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