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Low Season Takes its Toll on Innolux

The low season took its toll on Innolux, as it did across most of Taiwan’s manufacturers, with the company seeing sequential falls in both sales and panel shipments in February. The company’s sales for the month fell 24.5% from January to NT$27.2 billion ($859.7 million), though this 9.4% ahead of February of last year. Sales to date reached NT$63.2 billion ($1.9 billion).

Innolux shipped 8.9 million large panels in February, down 22.5% month on month, while small and medium panel shipments fell 33.5% MoM to 15.4 million units.