USI Announced Sep 2009 Revenues

USI Announced Sep 2009 Revenues
 
Nantou, Taiwan, Oct. 5th, 2009 – Universal Scientific Industrial Co., Ltd. (TSE: 2350) (“USI”, the “Company” or “We”), a leading global design and manufacturing service (DMS) company, announced its consolidated net revenue for Sep., 2009.  Consolidated monthly net revenue in September amounted to NT$5,134 million, up 15% sequentially and down 19% year-over-year. On a non-consolidated basis, monthly net revenue was NT$2,259 million, up 8% sequentially and up 2% year-over-year.

Revenue performances by major product line (See Note for business line re-classification) :

  1. Computers & Peripherals (Revenue Weight: 24%): Net revenue in September amounted to NT$1,248 million, up 15% sequentially and down 34% year-over-year.
  2. Electronics Packaging & EMS (Revenue Weight: 27%): Net revenue in September was NT$1,393 million, up 6% sequentially and down 13% from the same period last year.
  3. Communications (Revenue Weight: 24%): Net revenue in September amounted to NT$1,215 million, up 13% sequentially and down 19% from the same period last year.
  4. Network Storage & Servers (Revenue Weight: 7%): Net revenue in September amounted to NT$364 million, up 24% sequentially and down 46% year-over-year.
  5. Industrial & Automotive Products (Revenue Weight: 18%): Net revenue in September for the product line was NT$914 million, up 32% sequentially and up 34% year-over-year.
Consolidated and Stand-alone Monthly Net Revenues (Unaudited)*
(NT$ Million) 
Sep.
2009
Aug.
2009
Sep.
2008
MoM
Change
YoY
Change
Jan-Sep
2009
Jan-Sep
2008
YoY
Change
Worldwide
5,134
4,452
6,346
15%
-19%
36,547
51,641
-29%
USI Taiwan
2,259
2,098
2,208
8%
2%
15,920
20,108
-21%

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)
Revenues
Computers & Peripherals
Electronics Packaging & EMS
COM
Network Storage & Servers
Industrial & Automotive Products
Total
Sep., 2009
1,248
1,393
1,215
364
914
5,134
Revenue  Weight %
24%
27%
24%
7%
18%
100%
Sep., 2008
1,884
1,604
1,507
670
682
6,346
Revenue  Weight %
30%
25%
24%
11%
11%
100%
Jan-Sep 2009
25%
28%
23%
8%
15%
100%
Full-Year 2008
30%
25%
23%
11%
12%
100%
Full-Year 2007
34%
26%
17%
12%
12%
100%

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.

About USI
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.