Radiant reported financial results for 3Q10

Radiant Opto-Electronics pure income for 3Q of 2010 was NT$668 million (US$21.72 million) with an EPS of NT$1.57, and consolidated revenues for 3Q were NT$12.36 billion, with gross profits of NT$1.1 billion, and NT$704 million in operating income.From 1Q until 3Q in 2010, consolidated revenues in Radiant totaled NT$34.62 billion, operating income was NT$2 billion, and net profit reached NT$1.75 billion with an EPS of NT$4.11.

In Radiant's total revenues, Samsung Electronics, LG Display (LGD) and AU Optronics (AUO) made up about 80 per cent, Chimei Innolux (CMI), Chunghwa Picture Tubes (CPT) and HannStar Display which were in Taiwan accounted for about 10%, and the US- and Japan customer provided about 10%.

Recently, be benefit from increasing popularity of LED-backlit LCD TVs, the BLU maker had received a lot of orders for LED BLUs from Japan-based clients, such as Sharp, Funai and Sony.

Radiant expected October revenues would increase sequentially, which in November-December was expected to decrease, but overall consolidated revenues for 4Q of 2010 were expected to increase sequentially.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Munich, Germany – Valeo, a global leader in automotive lighting, and Ennostar, a global leader in optoelectronic solutions, are collaborating on smart automotive exterior displays. Their first collaborative product is showcased at IAA Mo... READ MORE

The all-new Mercedes-Benz GLC: the highlights For many years, the GLC has been the most popular model from Mercedes-Benz, repeatedly topping the charts as the brand’s bestseller, worldwide. As was the case once again in the first half of... READ MORE