Innolux Sees 15% Decline in 2015

Innolux’s sales grew by 3.8$ to NT$26.4 billion ($792m) in December, but were still down 30.8% on the year ago period. 10.21 million large panels were shipped, 5.8% up on November, while small and medium panels hit 24.01 million. For the quarter, revenues were down 29.1% year on year at NT$81.5 billion ($$2.43 billion) and for the year revenues were 15.1% down at NT$364.1 billion ($10.85 billion). Large panel shipments were 123 millon for the year, down 13% and small/medium were 252 million, down 21.3%.