NuAxiSemiconductor trade intelligence
SemiLEDs’ quarterly revenue almost halves year-on-year
What happened
SemiLEDs reported Q2 FY2023 revenue of $1.152m, a sequential decline from $1.695m and nearly halving from $2.18m a year ago. The sharp year-on-year revenue drop signals continued weakness in demand for its LED chips and components. Bearish: This severe revenue contraction for a niche LED supplier indicates persistent softness in downstream demand, pressuring pricing and margins for related components.
Impact and signal
Medium impactImpact score: 58/100
Affected components and suppliers
LED Chip
SemiLEDs Corp
revenue-declinedemand-weakness
Source and time
Source: Semiconductor Today · 4/18/2023 · View original source
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