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HannStar Fourth Quarter Shipments up 18.6%

hannstar

According to Digitimes Research, HannStar Display shipped 313 million small to medium-sized panels in the last quarter of 2016. HannStar Display had carried out capacity expansion in the feature phone panel segment in the fourth quarter of 2016, and this helped reach the shipment total. The figures represented an 18.6% quarter rise as a result of increased demand for feature phone panels. The shipment totals helped HannStar become Taiwan’s largest small to medium-sized panel supplier.

Traditionally, the last quarter of 2016 is worst quarter of the year for shipments of small to medium-sized LCD panels, but Taiwan makers managed to buck the trend with a 1% growth.

For the first quarter of this year, HannStar will focus on smartphone panel production as they have orders for shipments for the first half of 2017, according to the company.

The company also provided revenue percentages for different panel types for the full year of 2016. The split was, feature phone panels (18%), smartphone applications (53%), tablet panels (5%), automotive displays (14%), and notebook, monitor, AIO PC and smart wearable applications (9%).