Q4 Conference Call Highlights
Q4 Business Highlights
- Announced Q1 consolidation of Norway facility
- $8.9m gain from Phoenix shares, with similar gains to be realized in Q1
- Completed SMT JV negotiations
- Achieved 13% of sales from retail channel
- Shipped first ultra-thin RPTV in Q304
- Completed BenQ licensing agreement
Q1 Guidance
- $20-25m inventory reductions
- Sales of $150 to $160m
- OPEX reductions of $1M to $2M
- Begin manufacturing at SMT in Q2