Following the announcement last week of its highest quarterly net profit in four years, Innolux has said that it plans to double its capital spending next year to NT$40 billion ($1.3 billion).
The company’s chairman, Tuan Hsing-chien, told investors that next year’s spending will primarily be on capacity expansion, whereas the focus of the last few years has been on technology upgrades. Innolux’s 6G fab, which produces panels for notebooks, tablets and TVs, and 8.5G plant, which produces TV panels, are expected to boost capacity in the second half of next year.
Last week Innolux reported a net profit in Q3 of NT$7.3 billion ($239.9 million), compared with a net profit of NT$685 million ($22.5 million) in the third quarter of last year (Display Monitor Vol 21 No 43).
