Coretronic Posts Good Projection Figures

Coretronic recorded September turnover of NT$5.03 billion ($159.2 million), down 24% YoY. This brought Q3 sales to NT$14.78 billion ($467.6 million), a fall of 19% YoY, and year to date revenue to NT$42.25 billion ($1.3 billion), a decrease of 17% YoY.

Shipments of energy-saving devices, which includes BLUs, touch modules, and industrial and medical displays, reached 5.06 million in September, down 5% MoM, resulting in Q3 shipments of 15.44 million (up 14% QoQ) and year-to-date figures of 42.62 million (down 24% YoY).

September shipments of projectors and projecting devices rose 36% MoM to 143,000, bringing Q3 numbers to 343,000 (up 10% QoQ) and year-to-date figures to 900,000 (up 5% YoY).