I revised this. what do you think about this?

Hi.
I revised this. what do you think about this? Please chekc it for me.

Recently, BLU(Backlight Unit) companies have become exposed to risks.
There are many causes of risks. BLU(Backlight unit) price is getting
lowered. competition is getting tough. And there is accompaned by the
enforcement of BLU(Backlight unit) price reduction, adminstered by
Mobile phone company both at home and overseas. They seek to remain
profitable and competitive. To achieve this, they ask for reduce the
price and counteract the stagnation in the growth of mobile phone
market. In this situation, competition over price and product quality
in BLU(Backlight Unit) industry will become further aggravated.
TIM-1, which We have developed, can satisfy the core requirements to
success in BLU industry.
It can reduce the time required to deliver sample products to
suppliers for approval on new products models. Also, Brightness can be
increased by 10-15% in comparison to existing products. In cost-related
matters, TIM-1 does not require much extra expense to the initial cost
of equipment purchase. Therefore, TIM-1 is capable of responding
aggressively to the demands of cost reduction made by Mobile Phone
company.

good nite.

.

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