Li Ming's December revenue rose against the trend, better than market expectations

Li Ming (3593) December revenue rose against the trend, better than market expectations. It is estimated that the December revenue will exceed NT$410 million and grow by more than 10% per month. Since Li Ming has successfully developed the Converter for LED TV, it is expected to start supplying to South Korea's Samsung in early 2010. The legal person estimates that Li Ming's 2010 results are expected to grow 30% compared with 2009.

Due to the continued strong demand for panels in the first quarter of 2010, and the merger of Innolux and CMO, Hon Hai Group's LCD TV orders are expected to be given to Li Ming. In addition to LCD TV, the force in the Ming LED TV and solar related Converter orders also good news, South Korea's Samsung has been into the supply chain, is expected to begin shipping in early 2010 to Samsung LED TV, together with the original AU Optronics orders, force Ming's first quarter 2010 results are expected to be weak in the quarter. The company estimates that the first quarter of 2010 has the opportunity to reach the fourth quarter of 2009. Under the increase of orders for new Chi Mei and South Korea's Samsung TV, the legal person estimates that Li Ming's 2010 results are expected to grow by 30% annually.

Digit LED Display

The Digit LED Display is one type of display screen. By inputting relative current to its different pins, it will light up, so as to display all the parameters that can be represented by numbers, such as time, date, temperature, etc.
Because of its low price and simple use, it is widely used in electrical appliances, especially in the field of household appliances, such as air conditioners, water heaters, refrigerators, etc. Most water heaters use Digit LED Display, and other household appliances also use LCD and fluorescent screens.

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