Capxon International Electronic Co. Ltd. provided earnings guidance for the six months ended June 30, 2012. The company is expected to record a loss for the six months ended 30 June 2012 as compared to a profit for the corresponding period in 2011.

Based on the information currently available, such decline is mainly attributable to the drop in the group's revenue and gross profit caused by the deteriorating sovereign debt crisis in the Euro zone and the slow down of global economic growth.