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Small Display Increase Does Not Sustain Innolux

innolux

Innolux’s consolidated November revenues fell 33.8% YoY and 13.9% MoM, to NT$25.5 billion ($780 million).

In the month, Innolux shipped 9.65 million large-size products: a 5.6% MoM fall. 23.3 million small- and medium-size displays were shipped, a 7.4% rise MoM.

According to president JC Wang, Innolux is currently seeing short supply for its handset panel shipments, due to steady orders throughout Q4. The company has moved from production of ‘feature phone’ handset panels to focus on smartphone applications. Most of these panels are mainstream sizes and supplied to China.

In addition, Innolux is now shipping HD displays with in-cell touch technology, in addition to FullHD and 2560 x 1440 displays sized 5″+. This size range is expected to account for between 70% and 75% of the company’s product mix in Q4.