Ruixuan (2489)'s joint venture revenue in October was NT$7.204 billion, an increase of 14.44% year-on-year. The first October consolidated revenue was 57.772 billion, an annual increase of 8.74%. Non-cooperative 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 large-size products ranging from 32 inches to 42. The company's flat-panel TV shipments were 74%, and the large size was 47%. 55 LCD TVs, also with the introduction of new models, the proportion of sales rose to 20%, LED TV monthly specific gravity was 20.21%, while IP TV was 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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