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Shorter Month Means Fewer Panels Shipped

The shorter month of February saw a drop of 20.6% MoM in small and medium panel shipments to 88.387 million for the four main suppliers, but this was only down 6.3% YoY.

HannStar saw turnover of NT$1.14 billion ($39 million), dropping 41% MoM and 41.8% YoY. The firm’s small and medium panel shipments fell 30.1%% MoM and 11% YoY to 31.2 million.

CPT recorded February revenue of NT$2.05 billion ($70 million), down 20.9% MoM and 33.1% YoY. 22.56 million small and medium panels were shipped, falling 12.5% MoM and 22.2% YoY.

AUO announced February revenue of NT$22.68 billion ($774 million), falling 13.5% MoM and 22.2% YoY. This brought year-to-date turnover to NT$48.89 billion ($1.7 billion), down 15%. 12.65 million small and medium panels were shipped, a reduction of 24% MoM but up 7.6% YoY.

Innolux reported sales for the month of NT$18.08 billion ($617 million), plummeting 30.7% MoM and 34% YoY. The company shipped 21.98 million small and medium panels, a decrease of 9.3% MoM but a rise of 18.6% YoY.

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