Pixart Reports 2015 Results

Pixart reports that its Q4 2015 revenue increased by 1.2% QoQ to NT$1,078.7 million. Due to unfavorable change in product mix, the gross margin decreased from 51.2% in previous quarter to 50.5% in 2015Q4. The revenue for 2015 was NT$4,320.2 million, decreased by 9.0% YoY.