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Article: Alliance Optotek projects to double revenue in 2010.(Alliance Optotek Corp.)(Brief article)
- Article from:
- The Taiwan Economic News
- Article date:
- September 17, 2009
CopyrightCOPYRIGHT 2009 China Economic News Services. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Taipei, Sept. 17, 2009 (CENS) -- LED-lighting manufacturer Alliance Optotek Corp. has projected its revenue to grow at annual rate of 200% to NT$600 million (US$18 million at US$1:NT$33) next year after an estimated 250% increase throughout this year mostly thanks to its road into mainland China's and Japan's public-work project market.
Co-held by chipmaker United Microelectronics Corp. (UMC), lamp maker China Electrical Manufacturing Co., Ltd., and steel maker China Steel Corp., Alliance Optotek projects its 2009 revenue at NT$300 million (US$9 million) on ground that it has secured considerable contracts for its architecture lights and streetlights.
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