What They Say
AUO and Innolux released their results for February.
Innolux was down in revenue by 8.6% on January and down 13.4% on last year to $769 million. Large panels were down 15.0% in quantity to 10.55 million, while small/medium panels were down by 10.3% to 20.64 million.
AUO was also down on January, by 7.8% but managed to keep its revenues by 0.2% on an annual basis to $897 million. On an area basis, the firm was down by just 1.8% from January.
What We Think
This was a good result for AUO, given the drop in panel prices in recent months. (BR)
