Edison's orders were cautious and June revenue was unchanged from last month.

LED package factory Edison said that in view of the global downturn, in order to avoid the receipt of payment, the customer has taken a cautious screening attitude since May, so the May revenue was NT$211 million. 7.1% less. In order to maintain gross margin performance, Edison also began to screen out orders with poor prices in June. In the case of more cautious orders, June revenue performance will be the same as in May.

With the LED slump falling sharply in the second half of last year, Edison’s single-quarter gross margin has slipped from below 23.2% in the second quarter of last year to below 20%, although the company is pushing this year to promote the LDMS (Lighting Design Manufacturing Service) operating model. The gross profit margin has returned to the 20% level, but at present LDMS still only accounts for 30~35% of the revenue, and the influence is still insufficient. The gross profit margin in the first quarter is only 15.53%.

Edison said that the current capacity utilization rate is 70%, and the order visibility is about one month. The company does not pursue substantial growth in revenue, and the main goal is to stabilize its operating performance.

The LDMS operation mode promoted by Edison mainly emphasizes the customization capability from LED package components to lighting modules or finished products, and designs products such as light and light colors that meet customer needs. Edison said that the long-term goal of promoting the LDMS model remains unchanged. Even for the vertical integration of the upstream and downstream supply chains, the board of directors recently established a subsidiary, Aifa Investment, with a capital of NT$300 million. Aifa Investment and the company's upstream and downstream supply chain manufacturers to carry out strategic cooperation, is still in the front-end operations, has locked some manufacturers to negotiate.

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