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SemiLEDs’ quarterly margins rise as revenue recovers

What happened

SemiLEDs reported Q2 FY2022 revenue of $2.18 million, a sequential increase of 48% and a year-over-year surge of 82%. The recovery was driven by improved demand in its LED component business. Watch: The significant revenue rebound and margin improvement signal potential stabilization in a niche LED market segment, but the impact on broader component pricing remains indirect.

Impact and signal

Medium impactImpact score: 58/100

Affected components and suppliers

LED Chip
SemiLEDs Corp
earningsrevenue-recoverymargin-expansion

Source and time

Source: Semiconductor Today · 4/13/2022 · View original source

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