Ruixuan (2489) consolidated revenue in October was NT$7.204 billion, an increase of 14.44%. The combined revenue for the first ten months was 57.772 billion, an increase of 8.74%. Non-consolidated revenue in October was NT$6.12 billion, up 10.73% month-on-month, up 13.44% year-on-year, a record high in 2010. Q4 is expected to continue to grow compared to Q3 under the North American Christmas season. The shipment of Suzhou Lexuan Technology, a joint venture with LGD, is also expanding quarter by quarter.
Ruixuan said that the sales customers in October were mainly Korean and brand manufacturers in China. The products were mainly concentrated in 32-inch to 42-inch large-size products, accounting for 74% of the company's flat-panel TV shipments. The 47-inch and 55-inch LCD TVs, with the launch of new models, have increased their sales to 20%. LED TV has a monthly average of 20.21%, while IP TV has 10.37%.
Entering Q4, the company estimates that it should be able to increase sales momentum. Looking forward to the upcoming Thanksgiving and Christmas traditional sales season, driven by continued growth in shipments, revenue is expected to maintain a certain degree of growth.
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