According to SINBON, the sales revenue for April is NT$866 million, which is an increase of NT$8.32 million over March. Revenue surpassed the record set in October 2007 as the demand for cable assemblies on wind energy and connectors for notebooks were higher than expectations. Wind energy business is in its peak season and its shipments in April have reached NT$84.67 million, which is a NT$3.82 million growth over last month’s shipments. The shipments for wind energy cable assemblies in the last two consecutive months are over NT$80 million per month, which has been the highest record for this industry in the company. As for the cable assemblies on solar power systems, demand for the power generating systems has increased due to low cost of solar panels and subsidiaries on residential installations from the US Government. SINBON’s shipment of solar cable assemblies is NT$36 million in April and it has decreased by NT$2 million over March as the customers are in the process of transferring to new versions of products. Customer shipments have been delayed to June, so SINBON expects increased shipments in the coming months. Additionally, shipment for industrial control devices is expected to increase due to raising demand of automatic machineries, power control devices and semiconductor testing machineries.

Broken down by each field, the total shipments are: wireless communication (13.56%); data capture (10.97%); industrial control devices (10.06%); wind energy (7.81%); automotive (7.69%); LED (6.97%); luxuries devices (5.93%); medical devices (5.17%); solar related (4.08%); electronic peripheral components (27.76%).

According to SINBON, the sales revenue for March is the highest record as the demands for cable assemblies on wind energy, solar energy, automotive, and connectors for wireless communication systems / notebooks, were higher than expectation. Wind energy business is in its peak season and its shipment in March has reached NT$80 million. This is a growth of 77% over last month and it has broken the company record for this industry. As for the cable assemblies on solar power systems, demand for the power generating systems has increased due to low cost of solar penal and subsidiaries on residential installations from the US Government. SINBON’s shipment of solar cable assemblies has reached to NT$38 million in March and it has increased by 86% over February. With the Government promotions on household solar power generating systems, the demand from customers is expected to grow and the sales revenue will be higher over the next few months. Shipment of automotive products has benefited by legislation for enforcing installation of backup sensors on all new cars, and demand for its cable assemblies have increases tremendously. Moreover, SINBON has successfully penetrated to Mainland China automotive market; the shipment for March has reached to NT$73 million with the growth of 63% over the previous month. Increasing demand for cellphones in Mainland China has benefited SINBON’s shipment of wireless communication devices, especially in smartphones, thus, the sales revenue for wireless communication in March is NT$140 million which has increased by 59% over last month.

The accumulated sales revenue for the first quarter is NT$2.278 billion which is similar to the last quarter of 2011. In SINBON, the first quarter is generally the low season, and the sales revenue is expected to grow as we approach the peak season based on prior year’s trends.

Broken down by each field, the total shipments are: wireless communication (13.71%); data capture (11.26%); industrial control devices (10.72%); automotive (7.65%); LED (7.49%); wind energy (7.06%); luxuries devices (6.19%); medical devices (5.27%); solar related (4.04%); electronic peripheral components (26.61%).

The audited consolidation sales revenue in 2011 is NT$8.922 billions which has grown by 6.89% over previous year. The consolidation gross profit rate is 21.30% which is similar to previous year. The sales revenue of parent company is NT$1.962 billions, which decreased by 17.05%; gross profit rate is 24.94% which is decreased by 0.34% than previous year of 25.28%; the net profit after tax is NT$447 millions which grew by 10.96% than year 2010 of NT$402 millions.

SINBON has been aggressively targeting solar energy strategies and its’ BOD is pleased to announce a joint venture with capital of US$5 million with Westinghouse Solar from USA and Yueda Group from Mainland China. The new company will target at rooftop solar power systems for manufacturing plants in Mainland China. The joint venture is a collaboration of patented technologies from Westinghouse Solar, market penetration ability from Yueda Group and supplies of connectors, junction box and cables for solar power generating system from SINBON. It targets at potential business opportunities of annual installation of 400MWP. In addition to the 12^th-five year plan of Mainland China, both Government subsidiaries in installation of rooftop solar power generating system and solar cell in its low cost, have stimulated the demand so sales revenue and profit are expected to increase.

According to SINBON, even though working shift has gotten back to the regular schedule in February, sales revenue remains at the similar level of last month because of labor and material shortages after Chinese New Year holiday. SINBON is pleased to report that both problems have been solved and production level has returned to normal. Due to the resumption of full capacity and the backlog of shipments, sales revenue for March is expected to be higher than February.

Broken down by each field, the total shipments are: industrial control related(12.31%); wireless communication(12.04%); data capture (11.39%); LED (8.02%); luxury devices(7.22%); automotive(6.48%); wind energy (5.63%); medical devices(5.51%); solar related(3.79%); electronic peripheral components (27.61%).

According to SINBON, even though sales revenue for January has influenced by fewer working days due to Chinese New Year holiday, production plan upon customers’ demanding has planned in advance so the high demand from industrial control devices, solar, automotive and luxury devices can be met and sales revenue for January has reached over NT$710 million. As for the cable assembly for solar energy generating system, demand for the energy generating system is increased due to low cost of solar penal and subsidiaries on residential installations from the US Government, SINBON’s shipment of solar cable assembly has reached over NT$30 million in January. Industrial control device is also influenced by seasonal fluctuation in demand in North America, and shipment for January is increased over last month by NT$50 million. Shipment of automotive has benefited by legislation for enforcing installation of backing sensor on all new cars, demand for its cable assembly increases tremendously by NT$10 million over previous month. Increasing demand for interconnect cables for regular replacement and maintenance of message chairs and casino slot machines benefitted sales revenue for cable assemblies in luxury devices to increase by NT$20 million over last month.

Broken down by each field, the total shipments are: industrial control devices (12.53%); wireless communication (11.57%); data capture (11.04%); LED (9.60%); automotive (7.85%); luxuries devices (6.11%); medical devices (5.67%); wind energy (4.82%); solar related (4.69%); electronic peripheral components (26.12%).

DigiO2 International (digiO2), a subsidiary of SINBON, obtained the National Taiwan University Hospital (NTUH) telemedicine service contract in January 2012. According to the contract, digiO2 is to provide the remote patient monitoring system (or telehealth monitor), ECG monitor and pulse oximeter. Telemedicine is the use of medical information exchanged platform from one site to another via electronic communications to improve patients’ health status and it combined with online Personal Health Record (PHR) network and its supported biomedical sensors, which enables discharged patients to receive continuous caring and health counseling from the care givers without actual hospital visits. This also helps to reduce the recurrence of disease or serious complications as well as possible waste of valuable medical resources. DigiO2 has been recognized by the NTUH as one of the top industry leaders in telemedicine technology. Among offering telemedicine products, digiO2 also manufactures maternal fetal monitor device, baby sleep posture monitor, physiotherapy supplies and rehabilitation equipment.

According to SINBON, sales revenue for December is NT$714 million as revenues from data capture, medical, auto, LED and NB have grown. Revenues from other industries have decreased this month due to the Christmas and new year holiday, year-end stock taking and a typically low season of the electronics industry. Thus, revenue for December is lower than November’s revenue by 7.28%. 

On a positive trend, due to decreasing panel prices and increasing subsidiaries on residential installations from the US Government for solar energy, USA will be the largest market for solar energy generating systems in the near future. The shipment for SINBON’s solar cable assemblies is expected to increase tremendously in 2012.

Broken down by each field, the total shipments are: NB related (16.79%), electronic peripheral components (16.22%); wireless communication (15.72%); data capture (11.92%); LED (10.39%); industrial control devices (8.35%); wind energy (7.53%); medical devices/luxury devices/automotive (13.08%).

According to SINBON, sales revenue for November is NT$771 million. Sales revenue from solar energy, industrial control devices, automotive, and entertainment machinery have hit the company targets, but slow demand of LED field and the low season of wind energy caused both departments to miss the company targets. This led to a decrease of 5.33% over October’s sales revenue. For solar energy generation, decreasing panel prices and increasing subsidiaries on residential installations from the US Government has increased demand for solar cable assemblies. The shipment for SINBON’s solar cable assemblies has exceeded NT$15 million this month. Industrial control device is also influenced by seasonal fluctuation in demand in North America. Development in automotive components has granted a significant progress in the Mainland China automotive market. SINBON also benefitted from increasing demand for interconnect cables for regular replacement and maintenance of message chairs and casino slot machines, thus causing sales revenue for cable assemblies in luxury devices to increase tremendously.

Analyzed by each field, the total shipments include NB related (16.57%), electronic peripheral components (16.09%); wireless communication (15.8%); data capture (11.90%); LED (10.30%); industrial control devices (8.49%); wind energy (7.8%); medical devices/automotive/luxury devices (13.05%).

The non-audited sales revenue of NT$814 million for October is the highest monthly sales revenue for 2011, closely followed by the NT$802 million in April and NT$805 million in May. Prior to 2011, SINBON had only crossed NT$800 million once in October, 2008. SINBON is proud to report that we have crossed this barrier three times so far this year.

Sales revenue for connectors and assemblies is benefiting from the increasing demand for notebooks and mobile phones for which SINBON has developed a strong market in Mainland China. Furthermore, Mainland Chinese consumers are purchasing higher quality brands which benefits SINBON’s sales revenue for connectors and assemblies in handset devices. SINBON has had significant sales revenue growth from cable assemblies including products for wind/solar energy generation, industrial control devices, and luxury devices such as casino slot machines. SINBON’s growth in cable assemblies for solar panels in the US domestic market is expected to grow due to decreasing panel prices and increasing subsidiaries from the US Government. The shipment for SINBON’s solar cable assemblies has exceeded NT$10 million since July and demand is increasing every month. SINBON expects revenue to increase tremendously in the coming months due to their technical advantage in the solar field.

To analysis by each field, the total shipment includes LED (10.51%), wireless communication (15.77%); electronic peripheral components (15.59%); NB related (16.97%); data capture (12.07%); wind energy/industrial/medical devices/auto (29.09%).

The Global Sales Meeting was hosted by Mr. Joseph Wang, CEO of SINBON, who announced its new product launches and business strategy. SINBON is focusing on renewable energy, halogen-free materials, and cable assemblies in medical devices in our long term plan. Products include solar junction boxes, connectors and cables for solar modules, harnesses for wind energy generating systems, electric car cables, controlling system cables, power cables, LED backlight modules, and components for lighting systems. In following eco polices, SINBON will continuously focus on developing halogen-free materials for cable assemblies to support the global trend.

With the growing population of internet and wireless communication device users, demand for individual home-based wireless medical devices is expected to increase and SINBON has been developing this field for more advanced products through its subsidiary, DigiO2, which has developed a variety of home-based medical devices for chronic disease patients. Products include Care Pal Remote Patient Monitoring System (a telehealth gateway/hub that receives and transmits vital signs measurements from patient to physicians/healthcare providers), Cardio Care ECG/EKG Recorder (a heart waveform and pulse rate recorder), HemOxi Care Pulse Oximeter (a blood oxygen saturation monitor) and others. The physicians can easily monitor the daily health measurements of their patients without making any visits or appointments.  This also saves effort for patients to travel back and forth to the clinics or hospitals.

The sales revenue of products for renewable energy and medical devices has increased from 13% of Group sales revenue in 2010 to 25% this year. By the end of 3^rd quarter of this year, shipments have reached NT$1.66 billion. According to the research by SINBON, the total production for domestic market demand is over NT$10 billion, and the company is expecting to explore more in Mainland China, which has a market several times larger. It is looking forward to generate more revenues for the Group based on these efforts.

According to SINBON, GE is the major customer in the Beijing Group, the sales revenue for it is NT$440 million in 2010 while the total shipment for this year has reached NT$350 million. With the growing trend in the medical industry in Mainland China, it is expected that the shipments for GE will overtake last year’s figure. Moreover, renewable energy has been a major focus for the Mainland Chinese Government’s 12^th five-year strategy and wind energy is one of the key technologies in this field. It has contributed about NT$185 million of SINBON’s total sales revenue (2.76%), and it is expected that its growth rate will be approximately 40% to 50% in the future.

SINBON has developed the Chinese market in expectation of future growth with the Beijing branch being established more than 15 years ago. The new Beijing factory is designed with a focus on efficiency and corporate responsibility. SINBON utilizes renewable energy, environmental landscape design and green construction materials. The focus is based on the concept of ecology, such as the illumination of the building is designed by using solar tubes which transports natural light through a light pipe for indoor illumination using the concept of light reflection. Electricity consumption and eyesight tiredness can be minimized since traditional light bulbs are not used in the daytime. Central air conditioning is used for indoor air circulation; temperature and humidity control is very efficient in terms of electricity consumption. As for the wall of the building, U Glass(double-layer glass) is used to improve heat resistance and transparency, thus, the new plant is classed as a “green building” which complements our company’s green strategies.