SemiLEDs’ quarterly revenue falls back from $2.176m to $1.784m

What happened

SemiLEDs Corp reported Q3 FY2022 revenue of $1.784m, an 18% sequential decline from $2.176m in the prior quarter, though still up year-over-year. The drop indicates potential softening demand or execution issues for the company's LED components. Bearish: The significant quarter-on-quarter revenue contraction signals potential demand weakness for SemiLEDs' products, which could pressure pricing and inventory levels in the niche LED chip segment.

Impact and signal

Affected components and suppliers

Source and time

Source: Semiconductor Today · 7/14/2022 · View original source