Panel Makers See Good End to Year

AU Optronics announced December turnover of NTD31.16 billion ($984.7 million), up 21% YoY. This brought Q4 sales to NTD91.85 billion ($2.9 billion), a rise of 10% YoY, and revenue for the year to NTD329.09 billion ($10.4 billion), down 9% YoY. The company saw December large panel shipments of 9.76 million, up 6.6% MoM, bringing Q4 shipments to 28.32 million, up 2.6% YoY, and annual shipments to 110.48 million, up 4.6%. Meanwhile December shipments of small and medium panels were 12.61 million, up 9.2% MoM, resulting in a Q4 figure of 35.74 million, up 7% YoY, and an annual figure of 153.75 million, down 11%.

Hannstar reported its second highest monthly sales of NTD3.29 billion ($103.8 million) in December, up 170% YoY. This brought Q4 revenue to NTD9.34 billion ($295.3 million), up 148%, and annual turnover to NTD23.93 billion ($756.0 million), an increase of 39%. December large panel shipments were 115,000, down 42% MoM, while small to medium panels numbered 44.37 million, up 43%.

Innolux recorded December revenue of NTD32.2 billion ($1.0 billion), up 22% YoY, bringing Q4 turnover to NTD89.4 billion ($2.8 billion), up 10% YoY, and and sales for the year to NTD287.1 billion ($9.1 billion), down 21%. Shipments of large panels were 10.2 million for December, down 1.4% MoM, which brought Q4 shipments to 30.2 million and annual shipments to 110.7 million, down 10%. The company shipped 23 million small and medium panels in December, up 13.5% MoM, resulting in shipments of 61.9 million for Q4 and 224.9 million for the year, down 11%.

CPT saw sales of nearly 30 million small to medium panels in December, up 1.9% against November and 20.4% compared to last year. Large panel volume was 122,000, up 35.2% on a monthly basis and 47.5% up on last year. Revenues were NT$3.9 billion ($121 million), up 0.64% from the previous months and 16.5% on the year. Over the quarter, the result was down 1.06% on last year at NT$11.1 billion ($352 million) and for the year, sales were $NT33.14 billion ($1.05 billion), down 30.1% on last year.