Nantou, Taiwan, Jan. 6th, 2011 – Universal Scientific Industrial Co., Ltd. (“USI”, the “Company” or “We"), a leading global design and manufacturing service (DMS) company, announced its consolidated net revenue for Dec., 2010.
Consolidated monthly net revenue in Dec. amounted to NT$5,393 million, down 11% sequentially and up 6% year-over-year. On a non-consolidated basis, monthly net revenue was NT$1,236 million, down 8% sequentially and down 50% year-over-year.
Revenue performances by major product line (See Note for business line re-classification):
Computers & Peripherals (Revenue Weight: 12%): Net revenue in Dec. amounted to NT$673 million, down 6% sequentially and down 57% year-over-year.
Electronics Packaging & EMS (Revenue Weight: 19%): Net revenue in Dec. was NT$1,011 million, down 13% sequentially and down 17% from the same period last year.
Communications (Revenue Weight: 42%): Net revenue in Dec. amounted to NT$2,250 million, down 16% sequentially and up 125% from the same period last year.
Network Storage & Servers (Revenue Weight: 9%): Net revenue in Dec. amounted to NT$490 million, up 11% sequentially and up 5% year-over-year.
Industrial & Automotive Products (Revenue Weight: 18%): Net revenue in Dec. for the product line was NT$969 million, down 11% sequentially and up 17% year-over-year.
Consolidated and Stand-alone Monthly Net Revenues (Unaudited)*
Consolidated net revenues include, in addition to net revenues of USI Taiwan, net revenues of wholly-owned subsidiaries, including USI Electronics (Shenzhen), USI (Shanghai) Limited Corp, USI Japan, USI de Mexico, USI Manufacturing Services, USI @Work, USI UK Office, and Uabit. Revenue Breakdown by Major Product Line (Unit: NT$ Million)
Computers & Peripherals
Electronics Packaging & EMS
Network Storage & Servers
Industrial & Automotive Products
Revenue Weight %
Revenue Weight %
Note: Starting in June 2007, USI re-classified product lines in consideration of better product orientation and rational resource allocation. Major products for each product line are outlined as follows: Computers & Peripherals : Motherboards for notebook & desktop PC, port replicator, Mobile PC, abit, Technical Services. Electronics Packaging & EMS : Control boards for flat panel devices, EMS, Electronics Packaging Service. Communications : Wi-Fi, Bluetooth, WiMAX,ADSL, SiP and etc… Storage & Servers : Network storage, server products and NAS system. Industrial & Automotive Products : Smart handheld devices, point-of-sale systems, automotive electronics, in-car infotainment systems.
Universal Scientific Industries Co., Ltd, established in 1976, is a global leading DMS (ODM/EMS) company.
USI not only provides manufacturing service, but also aggressively cultivates R&D talents, and persistently invests on the development of Handheld Devices, Wireless Networking Products, Car Electronics, Storage, Industrial PC, Server, Work Station and their Motherboard.
Combining its advanced SiP techniques, USI has built its unique competitive edge to provide customers time-to-market, high quality, and high value-added and most cost competitive total services.
Vice President & Chief Financial Officer