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Innolux Result 29/07/2016

innolux

Innolux reported Q2 2016 net loss of NT$3.5 billion ($110 million), down from NT$8.6 billion ($271 million) in the previous quarter. Turnover as NT$ 66.8 billion ($2.1 billion). Panel shipment volume increased 24.4% sequentially to 7 million square meters. Small and medium panel area shipments increased by 23.6% to 472.8 thousand m² over Q1. Phone, Mobile PC, Desktop and TV panels accounted for 25%, 15%, 12% and 48% of net sales, respectively. In terms of product size, 10″ and below, 10-to-20″, 20-to-30″, 40-“-and -above panels accounted for 20%, 20%, 15%, and 45% respectively of net sales.