Ruiyi has benefited from the growth of Apple iPad backlight module and Korean manufacturer NB notebook LCM LCD module. The revenue in 2011 reached NT$63.8 billion, an annual increase of over 30%, and an estimated earnings per share. 9-10 yuan level. In the first quarter of 2012, revenue has started to rise. The market expects that Ruiyi's first quarter revenue is expected to reach NT$17-18 billion, possibly increasing by more than 15%. The annual revenue has the strength to challenge NT$80 billion, and the annual growth rate is estimated to be 20%-30%. The legal person estimates that its 2012 earnings per share will be 11-12 yuan.
Ruiyi's growth momentum from the iPad backlight module in 2012 is still expected. The main reason is that the iPad 3 uses two lightbars, each with 42 LEDs, while the iPad 2 uses only one lightbar and each lightbar has 36 LEDs. The difficulty of making new models is increasing, and Ruiyi is still the supplier of Samsung's main supply of iPad 3 backlight modules.
Not only Samsung, Ruiyi is also a backlight module partner of Korean panel maker LGD and Japanese panel maker Sharp. With the development of LED-backlit TV, Ruiyi's thin light guide plate technology is gradually expanding from NB to TV and Monitor. It is expected that LED backlight TV market will provide another growth momentum for Ruiyi in 2012.
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