Ruixuan expands high-end LCD TV product line to estimate Q2 revenue increased by 5%-10%

Ruixuan Technology continues to expand the high-end model line of LCD TVs, hoping to increase the average price of the products. Among them, connected TV last year accounted for about 25%, and this year's target should be increased to 40%. Including LED backlights, larger size models, are also Ruixuan focused development projects.

Ruixuan’s consolidated revenue in April this year was approximately NT$4.5 billion. In May, consolidated revenues increased to RMB5 billion, a 12% increase in the month and an annual increase of 48%. Mainly benefited from the rebound of the North American market, driving the increase in flat-panel TV shipments in May. Ruixuan estimates that revenue may continue to increase in June this year. The overall second-quarter revenue is estimated to be approximately NT$14-15 billion, and the quarter is estimated to be 5%-10%.

As for Ruixuan's active expansion of LCD monitors this year, the company's total LCD monitor shipments last year reached about 900,000 units, including LG, Apple, HP and so on. Due to the recent receipt of new customer orders, it has helped Ruixuan's 2012 LCD monitor OEM shipments to multiply.

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