Unformatted text preview: is also due to SEIKOU OPTICAL LTD and Samyang Optics Co., Ltd. were registered as the affiliate With the redesign in 2006 of Kodicom’s DVR series which provide clean and high-definition digital images and fast record experiences, the new products met customer needs earning a 12.2% increase in revenue from 2006 for 36 billion Won in sales. However, in Q1.2008, Kodicom realized a 9.03% loss in revenue over the prior year. In 2008, the Worldwide economic crisis forced a slow down in security equipment sales. As a result, Kodicom’s dealer partners cancelled orders to control their own inventories....
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- Spring '09
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