Maolin estimates that the revenue in May will increase by 50%. Q1 may still decrease by 1-2%.

The light-emitting board factory Maolin's consolidated revenue in February 2012 continued to drop to NT$228 million, a decrease of nearly 8% in the month, but a 1.6% increase from the same period last year. Maolin explained that the main reason is that the medium-sized light guides (the light guides for NB notebook computer keyboards) are less affected in shipments in January and February. Looking forward to March, with the return of normal products such as NB illuminated keyboard light guides, the revenue in March will challenge the level of NT$3.5-3.8 billion, with a monthly increase of over 50%.

However, due to the low revenue of Maolin in January and February this year, the cumulative revenue for the first two months of 2012 was approximately 476 million Taiwan dollars, an annual reduction of approximately 21.7%. Based on Maolin's March revenue increase of 50%, Maolin's overall revenue in the first quarter of 2012 may be close to 850 million yuan, still 10%-20%.

At present, Maolin is most optimistic about the main operational growth momentum in 2012: NB illuminated keyboard light guides, and LED backlight TV guides. Maolin's TV light guide was officially launched in 2011, but last year it has entered the Korean brand Samsung Samsung supply and began to ship, but the initial amount is small. Since Samsung's 2012 LED backlight TV business strategy is active, the market expects that this should help Maolin to warm up from Samsung orders. Maolin's indirect Japanese TV light guides are also expected to grow in 2012.

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