Meiqi estimates that the proportion of new products such as touch and LED backlight in 2010 will be 20%.
Display foundry Meiqi (2442) monitor shipments reached 450,000 units in the fourth quarter of 2009, a quarterly decline of 23%, and a total of 2 million target touchdowns throughout the year. LCD monitor brand replenishment stock demand emerges, and Miqi estimates that shipments in the first quarter of 2010 are expected to be comparable to the fourth quarter. It is estimated that the proportion of new products such as touch and LED backlights in 2010 will be 20%. Looking to improve profitability.
In the first three quarters of 2009, Meiqi's revenue was NT$6.972 billion, down 22% year-on-year. However, because of the downsizing and cost reduction, the profit was better than last year. The operating profit was about 284 million yuan, and the net profit after tax was 310 million yuan. The after-tax profit of 1.9 yuan was significantly improved compared to the loss of 1.23 yuan per share in the same period of 2009. Meiqi's 2009 treasury harvest peak fell in the third quarter, monitor shipments fell in November, and the fourth quarter gross margin is expected to remain stable. The legal person estimates that Meiqi's 2009 earnings per share will be approximately It is 2.2 yuan.
In terms of new product layout, Mei Qi, general manager of Chen Qi, pointed out that the main products of Meiqi are now mainly below 26 inches. In 2009, LED backlight products were actively deployed. 23.6-inch and 21.5-inch LED TVs have been mass-produced at the end of the year, and a full range of LED backlight monitors such as 18.5-inch, 21.5-inch, and 23.6-inch are also in place. It is expected to be in the first half of the year. Mass production and shipping. At present, it is also developing 32-inch, 42-inch and other mainstream LED TV products, which are expected to be launched in March and April.
In the first three quarters of 2009, Meiqi's revenue was NT$6.972 billion, down 22% year-on-year. However, because of the downsizing and cost reduction, the profit was better than last year. The operating profit was about 284 million yuan, and the net profit after tax was 310 million yuan. The after-tax profit of 1.9 yuan was significantly improved compared to the loss of 1.23 yuan per share in the same period of 2009. Meiqi's 2009 treasury harvest peak fell in the third quarter, monitor shipments fell in November, and the fourth quarter gross margin is expected to remain stable. The legal person estimates that Meiqi's 2009 earnings per share will be approximately It is 2.2 yuan.
In terms of new product layout, Mei Qi, general manager of Chen Qi, pointed out that the main products of Meiqi are now mainly below 26 inches. In 2009, LED backlight products were actively deployed. 23.6-inch and 21.5-inch LED TVs have been mass-produced at the end of the year, and a full range of LED backlight monitors such as 18.5-inch, 21.5-inch, and 23.6-inch are also in place. It is expected to be in the first half of the year. Mass production and shipping. At present, it is also developing 32-inch, 42-inch and other mainstream LED TV products, which are expected to be launched in March and April.
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