ALi Corporation (3041 TT) today announced the total consolidated revenue for Feb 2013 reached NT$224.6 million, representing a decrease of 36.8% MoM and 52.4% YoY, respectively.
The company expressed that the decrease of February STB revenue was mainly a result of fewer working days due to the Chinese Lunar New Year holidays. However, the growth momentum in Pay-TV market in emerging countries. The company will keep investing in Pay-TV operator market and development of retail IP STB. The year-over-year sales decrease was due to higher February sales base in 2012, resulting from the ASO in Western Europe and Chinese Lunar New Year in 2012 starting in late January as well.
Furthermore, the company also announced that it will demonstrate its complete line of STB chipset solutions targeting the China MSO market at the upcoming CCBN 2013 to be held on March 21-23 in Beijing. The company also pointed out the cumulative shipments of SD (Standard Definition) STB chipsets have reached 10 million units in the China cable pay TV market. Looking forward, the company continues to provide STB solutions aiming at the Chinese market. Among those are cable plus OTT hybrid solutions allowing MSO to provide diverse services; multi-screen interactive applications; HD (High Definition) STB chipsets pushing faster migration to high definition digital TV.
Consolidated Sales Report, Feb 2013 (in NT$1,000)
Item | Feb | Jan | Difference | MoM |
Net Sales | 224,618 | 355,547 | (130,929) | (36.8%) |
Item | 2013 | 2012 | Difference | YoY |
Feb | 224,618 | 471,756 | (247,138) | (52.4%) |
Jan to Feb | 580,165 | 809,968 | (229,803) | (28.4%) |
Note: Figures have not been audited; consolidated entities include ALi Corporation and its subsidiaries.