Kwang Sung Electronics HK Co. Ltd. provided earnings guidance for the year ended December 31, 2011. The board of directors of the company announced that the shareholders of the company and potential investors that the Group is expected to record a loss for the year ended December 31, 2011 as compared with a profit for the year ended December 31, 2010. Based on the information currently available, such expected loss was mainly attributable to the decrease in the turnover, increase in production costs and increase in slow moving inventory provision.