Shianyih electronic listed in April 8th, is expected 2008 revenue increase rate of up to 2 into

It is reported that the Taiwan LED backlight factory shianyih electronic (3531) will be listed in April 8th. The company in Japan before the law said at the meeting announced that, despite the 2008 first quarter revenue and shipments as expected, but from March onwards received urgent orders, expected revenue this year will be more than 07 years to grow 20%. It is understood that this year will shianyih affairs instrument backlight operation gradually moved to the high margin, gross margin will be further improved. At present, the production of mobile phone services and shianyih instrument backlight module respectively 65%, 35%, but because the mobile phone backlight manufacturers face, low price competition, the decline in gross profit, so this year will be gradually moved to the transaction instrument backlight module high margin, the proportion of the two will be adjusted for each accounted for 50%, the overall gross profit margin it will improve. Small and medium size backlight customers including shianyih electronic Jiuzheng, Innolux, Taiwan, foxlink, and Japanese manufacturers such as SII and Optrex. In addition, shianyih also cut into the car factory supply chain, international car factory mirror 2.5 inch, 3.5 inch MR-16 backlight orders; LED lamps developed, made Hualian county government demonstration street parking lot orders. About shianyih shianyih was founded in 1979, has invested in the backlight industry for 15 years, mainly the production of small and medium size LED backlight module. 2006 and 2007 EPS were 4.24 yuan and 4.86 yuan; shianyih upcoming April 8th listed, the underwriting price of 43 yuan.

Source: LEDinside