Taiwan LED packaging company Ligitek Electronics has seen its order visibility extend to May and the company expects its revenues in March to reach TWD80 million (USD2.5 million) and exceed TWD100 million (USD3.1 million) in April, according to the company chairman Tung I-shin.
Ligitek’s net profit in 2009 was only TWD33.92 million (USD1.1 million), but market sources expect its net profit to reach TWD265 million (USD8.3 million) in 2010.
(Source: DIGITIMES)