East Bay April revenue decreased by 4.6% compared to, compared with the same period last year grew by 24% over the same period in March

East Bay (2499) announced in April revenue of $293 million, compared with revenue in March fell by 4.6%, but compared to the same period in revenue of 236 million yuan, up by 24%. East Bay pointed out that in April revenue decline was mainly backlight products, affected by the impact of customer inventory adjustment, making shipments in April compared with a decline in March, the estimated shipments in May will be able to return to normal growth.

The East Bay Yangzhou new factory in May began trial production, LED chip production need small size backlight, the new plant is estimated to Q2 at the end of monthly production capacity will increase 30 million, the new plant put into operation after the company expects full overall production capacity will increase by about 4000~5000 million compared to Q1.

Source: LEDinside