Dongbei (2499)'s November revenue was NT$561 million, a 1.8% increase from October, and a 44% increase from the same period in 2009. It also grew for two consecutive months.
Dongbei said that after China's eleven gold smoothly destocked, LED TV application demand gradually appeared in inventory replenishment orders, pushing up orders and shipments in November, and the lighting application product bureau channel benefit fermentation, November The performance continued to increase, with a cumulative revenue of 6.26 billion yuan from January to November, a substantial increase of 73% over the same period last year, and has exceeded the annual revenue of 4 billion in 2009.
China's large-size LED TV application demand is warming up, and the flat-panel TV energy efficiency rating system to be implemented from December is expected to drive demand for energy-efficient LED TVs. At the same time, the European and American markets have entered the retail season of Thanksgiving to Christmas holidays. Benefiting from the downward revision of LED panel prices in the third quarter, major TV brand manufacturers and terminal retailers have joined forces to significantly reduce LED TV prices before the peak quarter, which is expected to effectively increase LED TV purchases and drive LED TV penetration. The rate is further growing.
As the new LED TV demand order for 2011 is about to start trial production in December, Dongbei is expected to help slow down the impact of the small quarter effect of small and medium-sized backlight products.
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