For LED packaging service provider Everlight Electronics, automotive applications will be the most important market segment, especially in the China market, according to company chairman Robert Yeh.

Automotive applications account for less than 5% of Everlight's consolidated revenues currently and it will take 3-5 years for the revenue proportion to rise to a double-digit level, Yeh said.

Everlight has 20% of its consolidated revenues coming from backlighting applications, 12.5% from lighting and 10% from digital signage and outdoor displays, Yeh said.

Everlight decided at its shareholders meeting on June 11 to distribute a cash dividend per share of NT$3 (US$0.10 ) for 2013, accounting for 85.47% of the corresponding net earnings per share of NT$3.51.