Innolux April Sales Down 15% YoY

Innolux saw sales in April fall 12.2% sequentially and 15.2% year on year to NT$32.4 billion ($1 billion), bringing sales so far this year to NT$132.5 billion ($4.3 billion), 3.7% higher than the same period of 2014. The company shipped 10 million large panels in April, a decrease of 11.3% MoM, taking the number of large panels shipped for the first four months of the year to 41.6 million units. Small and medium size panel shipments fell 19.3% MoM to 18.3 million units and bringing the total so far this year to just over 80 million units.