Laster and Excellence Optoelectronics (Excellence), the Taiwan-based LED automotive module manufacturers, have posted record-breaking revenues for 2024, with year-over-year growth rates of 10.2% and 28.2%, respectively. In response to the global trend of diversifying automotive supply chains, Laster plans to collaborate with Taiwan-based manufacturers in Thailand and Mexico starting in 2025. Meanwhile, Excellence is accelerating the construction of its plant in Mexico, which is expected to be completed in the third quarter of 2025, with production scheduled to begin in 2026.