CPT’s Sales & Shipments Dip In December

Chunghwa Picture Tubes (CPT) ended the year with a fall in both sales and panel shipments. December’s revenue of NT$4.5 billion ($142 million) was 8.8% lower than November and down 8.9% year on year, taking sales for the year to NT$56.4 billion ($1.8 billion), 3.9% lower than the previous year. 

The company’s large panel shipments in December fell 26.8% month on month to 139,000 units, though this was 49.5% higher YoY. Small and medium sized panel shipments totaled 38.3 million units, down 8.3% sequentially and 2.5% for the year. CPT shipped a total of 1.7 million large panels in 2014, 10.5% down on 2013’s total, while small and medium panel shipments declined 15.6% YoY to 458.1 million units.