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Small Panel Makers See Monthly Improvement But Down on Year

Following the shortest month, sales of small and medium panels from the four big panel makers bounced back 10.6% MoM to 97.79 million, but this was down 13.7% YoY.

AUO saw March revenue of NT$25.55 billion ($874 million), up 12.7% MoM but down 17.7% YoY. This brought turnover for the quarter to NT$74.44 billion ($2.5 billion), down 7.7% QoQ and 15.9% YoY. The company shipped 17.28 million small and medium panels in the month, showing increases of 36.6% MoM and 35.9% YoY. This resulted in quarterly shipments of 46.57 million, down 0.8% QoQ but a rise of 27.8% YoY.

CPT posted sales of NT$2.18 billion ($75 million) for the month, a rise of 6.2% MoM but a drop of 22.5% YoY. This resulted in revenue for the quarter of NT$6.824 billion ($233 million), down 22.7% QoQ and 24.7% YoY. Small and medium panel shipments were 25.29 million, up 12.1% MoM but down 14.5% YoY.

Hannstar announced March turnover of NT$1.38 billion ($47 million), up 21.4% MoM but down 33.6% YoY. The firm shipped 32.87 million small and medium panels, a rise of 5.4% MoM but a fall of 27.8% YoY.

Innolux reported monthly sales of NT$22.6 billion ($773 million), a rise of 24.9% MoM but falling 28% YoY. Quarterly revenue was NT$66.8 billion ($2.3 billion), down 15.6% QoQ and 22.4% YoY. Small and medium panel shipments numbered 22.35 million in March, up 1.7% MoM but dropping 12.3% YoY. In the quarter, 68.57 million smaller panels were shipped, a decrease of 7% QoQ.

Small Panel Table