SINBON Non-audited Sales Revenue for December, 2011

The non-audited sales revenue for connector and cable assembly manufacturer, SINBON (TSEC#: 3023), in December is NT$714 million. This is a decrease of 7.28% over last month’s revenue of NT$771 million but an increase of 1.87% over last December’s revenue of NT$701 million. The non-audited accumulated sales revenue for 2011 is NT$8.954 billion, which is a growth of 6.99% over 2010.

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%).