HannStar Display Positive on 2017 Result


Hannstar Display has posted profits of NT$1.671 billion ($57.27 million) for Q4 2017 on sales of NT$6.152 ($210 million) bringing sales for the year to NT$23.743 billion ($810 million).

The company said that panels larger than 11″ took almost 10″ of its sales, with 6.2″ to 10.1″ at 15%, while smaller displays dominated with 76% of sales. The company is pushing to increase larger panels to 20% during 2018 with plans to sell more in the automotive segment.

Hannstar said that it plans to expand its capital base with a share issue to finance growth.