Unformatted text preview: product. As home networks becomes more standardized in the buildings, Commax's sales and profits increase accordingly. Commax is also participating in the development of an affordable home network system for a domestic robot platform and smart environment project lead by the Korean Ministry of Commerce, Industry and Energy. In 2005 its revenue increase 33% .78 over 2004 and then, actual earned only 3.53% increase in revenue for 2006 as this segment in the market was latterly affected by “Price war”. However, Sales in 2007 rebounded 33.1% from “Price war” event in 2006. Though some others competitors “Korean security players” suffered from declining revenues, Commax posted growth, it’s earning 36.51% increase in revenue in 1Q.2008....
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- Spring '09
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