Taiwan LED group recently dropped to 8 times the price earnings ratio to 12 times

Taiwan Securities pointed out that the unified investigation, currently Taiwan LED group recently the price earnings ratio has been reduced to 8 times to 12 times, plus about LED applications continue to expand the foreign parties, has recently been buying in March 14, 2008, crystal power, and has been close to Baihong canyuan flat above.

Hongkong investment authority of Macquarie Securities before the date of the forecast LED Street popularity rate will be increased significantly from 0.6% in 2008 to 6%, the market size is expected to reach $18 billion, which will be the biggest beneficiaries of Taiwan factory.

Source: LEDinside