20150623-NOMURA-创维数码（0751）：FY15_REVIEW，POSITIVE_ON_CHINA_TV_MARGIN-755498

Skyworth also provided its FY16F shipment targets including：1）10mn shipments in China TV（+5.7% y-y），2）5mn units in overseas TV（+35% y-y），and 3）SmartTV penetration rate to reach 65%（vs.47% in FY15）.We think the guidance is in line with market expectations.