Date
23 September 2017

Uptick lights way to expansion for LED makers, paper says

Some listed LED (light-emitting diode) makers aim to expand production after their financial performance improved last year, suggesting the industry is taking a turn for the better, the Shanghai Securities News reported Friday, citing the manufacturers. Shenzhen AOTO Electronics Co. Ltd. (002587.CN), Shenzhen Mason Technologies Co. Ltd. (002654.CN) and Hongli Opto-Electronic (300219.CN) are among those with plans to expand. According to data from the Shanghai Stock Exchange, 23 of the 39 listed LED makers that have published their 2013 annual reports made a net profit for the year, the report said.

– Contact HKEJ at [email protected]

TL/AC/SK

 

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