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Dialight (LSE:DIA) manufactures and sells light-emitting diode (LED) products for the electronics industry. Last October it warned that profits would be lower than expected due to "short-term" production issues following the transfer of manufacturing to its outsourcing partner Sanmina. In December it announced a significant number of orders were unlikely to be fulfilled, blaming an "unexpected update" from Sanmina. Its annual forecasts were also lowered from £13.5m-£15.5m to "not less than £9m".
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