ALi Corporation (3041 TT) today announced the total consolidated revenue for December 2013 reached NT$490.1 million, representing an increase of 22.0% MoM and 17.6% YoY. Aggregate revenue from January to December of 2013 was NT$4,155.6 million, down 18.9% from the same period last year.

The company expressed that the increase of revenue in December mainly reflected continuous growth in high definition products from retail STB market in emerging countries, along with significant contribution from Pay-TV operator markets in South East Asia, South Asia and Africa, as well as higher sales from IP STB in this holiday shopping season. In addition, STB manufacturing partners replenishing inventory prior to the Chinese New Year holidays in January drove the sales in December to make the yearly high. The unaudited consolidated sales for the fourth quarter (Oct-Dec) reached NT$1,280.6 million, representing a growth QoQ and YoY.  The year-over-year sales increase for both December and fourth quarter reflected recent improvement in retail STB markets and was also the result of the long-term growth momentum from Pay-TV operator market and IP STB, which the company has been cultivating.

The company also announced the plan to showcase latest products at the Convergence India 2014, South Asia's largest ICT exposition during January 21 - 23 in New Delhi. M3715, a high definition DVB-C system-on-chip STB solution equipped with advanced security and other solutions will be demonstrated at ALi’s booth C12, Hall 18.

Note: Figures have not been audited; consolidated entities include ALi Corporation and its subsidiaries.