Hannstar’s April Result Disappoints

Hannstar Display recorded a disappointing performance in April, with the only increase being in shipments of small and medium panels. The company’s sales for last month fell 20.5% from March and 26.6% from April 2014 to NT$1.5 billion ($48.7 million), bringing sales so far this year to NT$6.7 billion ($217.8 million), down 11.4% year on year.

Shipments of large panels and HannsG monitors fell 41.8% sequentially to 47,000 units, taking the total number of large products shipped from January to April to 228,000 units. Small and medium panel shipments, however, rose 7.1% MoM to 23.1 million units, while for the first four months of the year, shipments reached 102.7 million units, compared with 103.3 million shipments for the corresponding period of last year.