Sanan Optoelectronics sees 2Q19 profit plunge by 75%

Siu Han, Taipei; Adam Hwang, DIGITIMES Asia Monday 9 September 2019 0

China-based LED epitaxial wafer and chip maker Sanan Optoelectronics saw second-quarter 2019 net profit decrease 75.1% on year to CNY197 million (US$28.9 million) due to oversupply and price drops, according to industry sources.

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