FIH Mobile Limited provided earnings guidance for the six months ending June 30, 2016. For the period, based on a preliminary review of the unaudited management accounts of the Group and other information currently available, it expects to record a consolidated net profit, which is expected to range from $10,000,000 to $20,000,000, when compared to the Group's consolidated net profit of $128,564,000 for the six months ended June 30, 2015, representing a substantial decrease by approximately $108,564,000 (84.4%) to $118,564,000 (92.2%). The Board understands that the expected consolidated net profit of the Group for the six months ending June 30, 2016 is primarily attributable to lower demands from some of the Group's major customers as a result of customer transition thus resulting in lower sales of the Group's products (which are expected to less than $2,465,000,000 when compared with the sales of the Group's products amounting to $3,828,856,000 for the six months ended June 30, 2015), and the decline in the Group's gross profit as a result of decrease of sales; and lower other income like service fees and molding sales from these customers.