What They Say
Innolux reported its second quarter 2021 result with sales of $3.35 billion with operating profits of $856 million, and net profits of $770 million. Area shipments were flat on Q1 and its blended ASP was $464/m². Small and medium revenues were up 4.3% on Q1.
Mobile PC, Mobile & CP, Desktop, and TV panels accounted for 27%, 24%, 11% and 38% of net sales, respectively.
The company warned of continuing supply chain tightness but healthy supply/demand balance. It expects Q3 to be slightly up in large panels, and flat on small panels.
What We Think
Happy Days! (BR)
