The board of directors of TPV Technology Limited announced that based on the preliminary assessment of available information, the company and its subsidiaries is expected to record a loss attributable to owners of the company in the range of USD 80 million to USD 100 million for the nine months ended September 30, 2015, compared to a loss of USD 9.4 million in the same period of 2014. The loss in the nine months ended September 30, 2015 was due to the weakening of Euro, Brazilian Real and Russian Ruble against USD in the beginning of the year, followed by the recent abrupt decline in Brazilian Real and Renminbi, and the weakness in TV demand in some overseas markets, especially in Europe.