8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

February 11, 2008

Date of Report (Date of earliest event reported)

Syntax-Brillian Corporation

(Exact Name of Registrant as Specified in Charter)

Delaware	000-50289	05-0567906
(State or Other	(Commission File Number)	(IRS Employer
Jurisdiction of Incorporation)		Identification No.)

1600 N. Desert Drive
Tempe, Arizona
85281

(Address of Principal Executive Offices) (Zip Code)

(602) 389-8888

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

	Item 2.02. Results of Operations and Financial Condition.
	Item 9.01. Financial Statements and Exhibits.
SIGNATURES
EXHIBIT INDEX
EX-99.1

Item 2.02  Results of Operations and Financial Condition.

On February 11, 2008, we provided a preliminary fiscal second quarter 2008 update and an inventory repurchase in the press release attached hereto as Exhibit 99.1 and incorporated herein by reference.

The information in this Current Report on Form 8-K, including the information set forth in Exhibit 99.1, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Form 8-K shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

The registrant does not have, and expressly disclaims, any obligation to release publicly any updates or any changes in the registrant’s expectations or any change in events, conditions, or circumstances on which any forward-looking statement is based. The text included with this Report on Form 8-K is available on the registrant’s website located at www.syntaxbrillian.com, although the registrant reserves the right to discontinue that availability at any time.

Item 9.01.  Financial Statements and Exhibits.

(a)	Financial Statements of Business Acquired.
	Not applicable.
(b)	Pro Forma Financial Information.
	Not applicable.
(c)	Shell Company Transactions.
	Not applicable.
(d)	Exhibits.

Exhibit Number
	99.1	Press release from Syntax-Brillian Corporation, dated February 11, 2008, entitled “Syntax-Brillian Corporation Announces Delay of Fiscal Second Quarter 2008 Earnings and Provides Preliminary Fiscal Second Quarter 2008 Update and an Inventory Repurchase.”

1

(d) Exhibits.

Exhibit
Number
99.1	Press release from Syntax-Brillian Corporation, dated February 11, 2008, entitled “Syntax-Brillian Corporation Announces Delay of Fiscal Second Quarter 2008 Earnings and Provides Preliminary Fiscal Second Quarter 2008 Update and an Inventory Repurchase.”

2

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	SYNTAX-BRILLIAN CORPORATION
Date: February 11, 2008	By:	/s/ John S. Hodgson
		John S. Hodgson
		Executive Vice President and Chief Financial Officer

3

EXHIBIT INDEX

99.1 Press release from Syntax-Brillian Corporation, dated February 11, 2008, entitled “Syntax-Brillian Corporation Announces Delay of Fiscal Second Quarter 2008 Earnings and Provides Preliminary Fiscal Second Quarter 2008 Update and an Inventory Repurchase.”

EX-99.1

Exhibit 99.1

Syntax-Brillian Corporation Announces Delay of Fiscal Second Quarter 2008 Earnings and Provides Preliminary Fiscal Second Quarter 2008 Update and an Inventory Repurchase

TEMPE, Ariz., February 11, 2008 (BUSINESS WIRE) — Syntax-Brillian Corporation (Nasdaq: BRLC) today announced that the company needs additional time to complete its financial statements for its second fiscal quarter ended December 31, 2007. The company needs additional time in order to evaluate its accounting treatment related to its tooling deposits. As a result, Syntax-Brillian will not release its fiscal second quarter 2008 results on February 11th, as previously anticipated. At this time, no date has been set for the second quarter release.

Preliminary Fiscal Second Quarter 2008 Update and an Inventory Repurchase

The company recently received indications that due to a delay in the build out of the 2008 Beijing Olympic facilities, a large number of LCD TVs already sold through the company’s distributors in China, had not been deployed. As a result, Syntax-Brillian initiated negotiations to repurchase the LCD TVs for redistribution primarily into the North American retail channel. The inventory repurchase reduces accounts receivable from our customers in China by $99 million bringing the remaining balance to approximately $63 million, of which $48 million is due from South China House of Technology (“SCHOT”) and $15 million is due from Olevia Far East.

In the December quarter, total units shipped was approximately 252,000 which were shipped to North America and royalty revenue collected from China sales to Olevia Far East was approximately $3.2 million on unit volume of approximately 390,000. The inventory repurchase was approximately 26,800 units.

About Syntax-Brillian Corporation:

Syntax-Brillian Corporation (www.syntaxbrillian.com) is one of the world’s leading manufacturers and marketers of LCD HDTVs, digital cameras, and microdisplay entertainment products. The Company’s lead products include its Olevia™ brand (www.Olevia.com) high-definition widescreen LCD televisions — one of the fastest growing global TV brands — and Vivitar brand

(www.vivitar.com) digital still and video cameras. Syntax-Brillian has built an Asian supply chain coupled with an international manufacturing and distribution network to support worldwide retail sales channels and position the Company as a market leader in consumer digital entertainment products.

Forward-looking Statements:

Certain statements contained in this press release may be deemed to be forward-looking statements under federal securities laws, and Syntax-Brillian intends that such forward-looking statements be subject to the safe harbor created thereby. Syntax-Brillian cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Such factors include changes in markets for the Company’s products; changes in the market for customers’ products; the failure of the Company’s products to deliver commercially acceptable performance; the ability of the Company’s management, individually or collectively, to guide the Company in a successful manner; and other risks detailed in Syntax-Brillian’s Annual Report on Form 10-K for the fiscal year ended June 30, 2007 and subsequent filings with the Securities and Exchange Commission.

Brillian and Vivitar are trademarks or registered trademarks of Syntax-Brillian Corporation. All other trademarks are the property of their respective owners.

SOURCE: Syntax-Brillian Corporation

Investor Relations Contact:
Cynthia Hiponia
The Blueshirt Group
909-859-8445
investor.relations@syntaxbrillian.com

Media Contact:
Pattie Adams
Syntax-Brillian Corporation
909-859-8432
Pattie.adams@syntaxbrillian.com