Now provide some insight into our outlook for 2020. We used 99% of our production capacity in the fourth quarter, which also limited our growth to a certain extent, enabling us to increase production capacity and improve efficiency. Our goal is to increase revenue in the first quarter of 2020 by 0-2%, an increase of 25% to 28% year over year compared to the first quarter of last year.
As mentioned, we are optimistic about business growth in 2020. This optimism is driven by overall market trends and our successful development of new technologies that will go into production and generate new incremental revenue as well as strong demand for our existing platform technology. As we've added new customers and new apps in recent quarters. At the same time, given our current outlook, the Internet of Things, 5G, smart consumption, artificial intelligence, and automobiles are currently driving the growth of the industrial industry in the 2020s. Our goal is