Power Alliance's March revenue of 700 million Taiwan dollars, LED shipments continue to climb

Power Alliance (3080) announced that its consolidated revenue for March was approximately NT$758 million, a 31.24% increase and an annual increase of 47.67%. Total Q1 consolidated revenue was approximately 1.952 billion yuan, a decrease of 2.2% quarter-to-quarter. Q2 demand is stable, and estimated revenue is expected to be comparable to the first quarter.

As LEDs continue to replace CCFL, the proportion of Power Alliance LED products shipments continues to climb, from 19% in Q4 2009 to 30% in the first quarter. Power Alliance pointed out that the SMT production line will continue to expand in 2010, hoping to increase interest rate performance as the scale of operations expands.

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