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Innolux President Predicts a Bright 2018

Innolux president Robert Hsiao has revealed the company is feeling optimistic about 2018, expecting a boost to its performance over that seen last year, according to Digitimes. Hsiao predicts a 7-9% quarter-on-quarter drop in shipments of large-sized panels during the expected, post-holiday-season decline, as well as an average selling price drop of 4-6%. Hsiao also commented on the company’s small and medium-sized panel business, predicting a 17-19% quarter-on-quarter drop and an ASP decline of 1-3%.

Meanwhile, Hung Mao-sheng, president of Innolux’s TV business predicts a stable year for the company. Hung anticipates a 5-8% increase in demand and an 8-10% boost to capacity, with new 8.6G and 10.5G fabs opening in China. The company is also anticipating a boost to its shipments of IT panels, particularly for notebook applications. The company revealed its total shipments of flat panels reached 28.47 million m² in 2017, up 5.4% from a year earlier. Shipments of small and medium-sized panels totalled 271 million units in 2017, increasing 20.4% from the previous year.