Unity Opto to Change its LED Lighting Product Mix

The company is planning to increase the production of LED lamps

India: LED packaging service provider, Unity Opto Technology is decreasing production for light bulbs and increasing that for more profitable lamps, with the proportion of lighting revenues for the former to slip to 20% and the latter to rise to 70-80%. Unity Opto has begun to ship value-added smart LED lamps; nanometer health lamps featuring use of visible light to activate chemical substances for disinfection and deodorization; and full spectrum LED lamps of which light is similar to sunlight.

For the European market, Unity Opto has obtained licensed use of Toshiba brand to sell LED lamps, with such sales accounting for about 30% of its total lighting sales revenues. For LED backlighting, Unity Opto focuses on notebook and TV applications, with Dell and HP being major clients for notebook LED backlighting.

Unity Opto currently ships packaged devices containing 20 million infrared LED chips in total per month, with such devices mainly used in smartphones, tablets & notebooks, and expects to ship infrared LED devices for fingerprint sensors beginning 2018. Unity Opto has posted consolidated revenues of USD253 million, gross margin of 19.40%, net operating loss of USD5.15 million, net loss of USD14.97 million for 2016.

According to TechSci Research the company plans to change its product mix in favor of LED lamps is expected to benefit the company due to the increasing research & development activities in this segment followed by growing usage of smart infrared LED lamps in various application sector especially in healthcare and lighting sector.

According to a recent report published by TechSci Research “Global Infrared LED Market, By Function, By Application, By Region, Competition Forecast & Opportunities, 2012 - 2022”, the global market of infrared LED is forecast to exhibit a CAGR of over 22% during 2017-2022. Infrared imaging held the highest market share in global infrared LED market over the past few years, and this trend is anticipated to continue during the forecast period as well. Moreover, Asia-Pacific dominated global infrared LED market during 2012-2016, and the region is anticipated to continue dominating the market through 2022.