Sales Decline Continues but Positive SignsBy: John Honovich, Published on Mar 14, 2010
Revenue declines from Everfocus, one of the most widely used 'budget' CCTV suppliers, continue. For the 12 months ending 9/31/2009, revenue was down 15.4% from 1.6 Billion NTD down to 1.37 Billion NTD (approximately $51 Million USD to $44 Million USD).
However, according to the Taiwan stock exchange, 2010 revenue through Feb 28th was up 41.85% compared to the first two months of 2009. If this trend continued for the year, it would match Everfocus's highest selling year - 2007 (though it's certainly too early to make a strong judgment).