Japanese LED TV orders are renewed, Hong Qi estimates Q4 revenue to continue to increase by 20%

LED packaging Taiwan factory Hongqi (6168) August revenue of up to 390 million Taiwan dollars, a 10% increase. Hong Qi estimates that its revenue in September will exceed 400 million yuan, and Q4's single-quarter revenue is expected to increase by 20%.

According to Hong Qi, the company was not affected by the panel factory's adjustment of inventory, and LED TV large-size backlight orders began to volume shipments in August, bringing August's revenue to a new high. With the continued shipment of LED TV orders in Japan, it is expected that revenue will exceed 400 million yuan in September, Q3 revenue will reach 1.1 billion yuan, and the quarter will increase by 20%. Q4 revenue is expected to continue to increase by 20%. The full-year 2010 revenue is estimated to increase by nearly 60% to more than 4 billion yuan.

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Shenzhen Yetnorson Technology Co., Ltd. , http://www.yetnorson.com