In the new century (3383), the chip factory continued its new high in October, reaching NT$331 million, a monthly increase of 5.4%. The revenue in the first 10 months was 2.318 billion yuan, an increase of 177.38%, benefiting from new capacity. Q4 revenue is expected to climb again.
In the new century, the revenue in 2010 was high, mainly benefiting from the simultaneous warming of LED TV backlighting, lighting, kanban and other application products. The chip of the new century was cut into the TV supply chain in Q2, although the overall market of Q3 was affected. Adjusting inventory shocks and affecting revenue performance, but the main shipments in the new century are still dominated by new models, avoiding the adjustment storm.
Yiquan Precision (2486) revenue in October was 417 million yuan, a decrease of 19.24%. The accumulated revenue for the first 10 months was 5.203 billion yuan, up 43.18% from the same period last year of 3.634 billion yuan.
According to Yiquan, the current LED TV customer inventory adjustment should be down in October, and will continue to warm up in November. In addition, the penetration rate of LED TV and lighting application products will be greatly improved next year. At present, LED TV and lighting related are actively involved. Product development is expected to gradually improve in December and 2011 due to the continuous recovery of product demand.
However, because Q4 is a traditional LED light quarter, coupled with the previous LED TV backlight due to customer inventory adjustment and the replacement of new and old products, the order visibility is low, and the fourth quarter operating revenue will be affected by the business.
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