Innolux reported just a 1.4% increase in sales in 2014 from the previous year, reaching NT$428.7 billion ($13.5 billion). The result came after sales in December were flat month on month at NT$38.2 billion ($1.2 billion), though this was 18% higher year on year. In the final quarter of the year, Innolux achieved a 1.6% quarter on quarter increase in sales to NT$115 billion ($3.6 billion), which was also an 18.2% improvement on Q4 of the previous year.
Due to the increase in TV panel size and the company’s focus on its smartphone panel strategy, Innolux’s total 2014 Innolux’s small and medium sized panel shipments decreased 25% YoY to 320.2 million. However, large panel shipments were 3% higher at 141.1 million. In December, the company shipped approximately 11.3 million large units, 8.9% lower MoM and bringing shipments in Q4 to 35.8 million, a decrease of 3.2% YoY. December’s small and medium panel shipments were also down sequentially, falling 4.3% to 25.2 million units, though for the quarter shipments were flat at 77.5 million units.
