In the third quarter of 2017, Skyworth Digital released its financial results, showing strong performance across multiple business segments. The company recorded an operating revenue of RMB 5.144 billion, representing a year-on-year growth of 20.98%. Notably, the smart box business saw a 34.8% increase in sales and a 39.68% rise in revenue compared to the same period last year. Meanwhile, the LCD module division experienced even more impressive growth, with revenue surging by over 70%. Domestically, Skyworth's broadcast and TV operator segment performed exceptionally well, with sales up 36.6% and revenue increasing by 52.7% in the third quarter. Having spent nearly two decades cultivating the broadcasting and TV industry, Skyworth has maintained the top market share for nine consecutive years. By integrating multi-functional STBs, enhancing smart features, and supporting operators’ expansion efforts, the company has further strengthened its market presence and coverage. The telecom operator market also showed rapid growth, with sales rising by 60.36% and revenue jumping 66.56% in Q3. Skyworth secured a major win by winning China Telecom’s 2017 IPTV smart set-top box procurement contract, securing around 3.06 million units—accounting for 17% of the market. Additionally, the unit price increased by 48 yuan. In the China Unicom smart gateway project, all eight products from Skyworth, including Epon and G-pon models, were selected, marking successful penetration into the operator’s network. Overseas operations continued to outperform the market, with sales rising 20.96% and revenue growing 21.94% in Q3 compared to the same period last year. Skyworth successfully entered North America’s top-tier operator market, with its Caldero team securing orders from premium clients. Its subsidiary Strong also made progress in promoting OTT smart terminals in Europe. With expanding overseas subsidiaries, the international business contributed significantly to the company’s overall growth. In the domestic OTT independent brand market, retail sales rose by 10.10%, while revenue increased by 8.35% in the third quarter. The gross margin remained stable, and Skyworth’s online sales ranked among the top three nationally. Offline sales also led in most domestic markets, highlighting the brand’s strong consumer appeal. Amid global memory chip shortages and rising prices since late 2016, Skyworth Digital announced in August that it would form a joint venture with ALi Corporation, a leading chip manufacturer, to develop and sell highly integrated SoC chips for smart devices. This move is expected to strengthen its position in the chip supply chain and support long-term performance growth. Notably, Skyworth’s LCD module business also achieved significant breakthroughs. For the first nine months of 2017, revenue reached 733 million yuan, up 72.13% year-on-year. In Q3 alone, revenue hit 260 million, a 71.54% increase. The company has developed advanced modules tailored for mobile phones, tablets, and wearables, featuring ultra-thin, ultra-narrow, high color gamut, low power consumption, and minimal screen space usage. It has also overcome challenges in visible 3D and quantum dot film technology under sunlight, paving the way for mass production. Through continuous technological innovation and cost reduction, Skyworth is strengthening its R&D capabilities to build core competitiveness. At the same time, it is optimizing product structures and expanding its industrial chain, ensuring a strong position in the competitive market. Looking ahead, the company is well-positioned for sustained performance growth. Comcn Electronics Limited , https://www.comencnspeaker.com