Innolux Results 27/07/2017


Innolux announced consolidated revenues of NT$84.5 billion ($2.8 billion) and operating income of NT$15.8 billion ($520 million), resulting in an operating margin of 19%. The net profit was NT$12.1 billion ($399 million) and a net margin of 14%.

Innolux saw its panel shipments edge up 2.2% on yearly basis to 20.2 million units in the first half of 2017. Also, Innolux has begun manufacturing complete TV sets, with Sharp (also owned by Foxconn) serving as one of its major clients and the company looks to ramp up its TV shipments to 100,000 units a month before the end of 2017 and further to 500,000 units a month in 2018.