LCD driver IC design house Sitronix Technology has issued a filing with the Taiwan Stock Exchange (TSE) saying it has not given revenue guidance for the first quarter of 2011.

Sitronix will see its first-quarter revenues decrease 5-10% sequentially, affected by seasonal factors, the Chinese-language Apple Daily cited company sources as reporting on February 16. However, revenues will start to rebound in March as shipments to a brand-name handset client kick off, the paper indicated.

Sitronix reportedly has entered the supply chain of Samsung Electronics with its handset-use LCD driver ICs, according to previous reports.

Sitronix registered NT$324 million (US$11 million) in January 2011 revenues, down 9% on month and 28% on year.

Article translated by Jessie Shen