Hannstar Display says that it expects to bring its losses to an end later this year, thanks to a healthier supply and demand situation. LG Display, Samsung and CPT are all closing handset LCD panel factory lines, with the Korean pair moving to OLED panels. This has led to investors buying up shares in Hannstar, with very heavy trading in its stock taking place.
The reduced supply has also led to an increase in panel prices. Roughly 60% of Hannstar’s turnover comes from handset panels, with the firm focusing on panels used in cars and industrial devices.