Chunghwa Picture Tubes (CPT) recorded a first quarter net loss of NT$1.2 billion ($39.4 million) on turnover of NT$13.2 billion ($433.4 million), which compares with a net profit in Q1 of 2014 of NT$81.6 million ($2.7 million) on turnover of NT$15 billion ($492.3 million). CPT shipped 101 million small and medium panels in the first quarter, down 18.5% from Q4 and 1.2% lower year on year. Of these, just over 42 million panels were for smartphone use, 10.3 million were used in tablets and 6.5 million were for in-car use. CPT said it will start production of 7″, 8″ and 10.1″ touch-on-cell panels for use in tablets soon.
CPT Result 15/05/2015
By Helen Vince