Industry news

TFT-LCD panel maker HannStar Display has reported consolidated revenues of NT$3.285 billion (US$103 million) for December, the historically second highest monthly level with growth of 14.64% on month and 170.21% on year.

HannStar in December shipped 44.37 million small- to medium-size (below 11-inch) panels, rising 43.2% on month, and 115,000 large-size units and Hannspree-branded LCD monitors, dropping 42.5% on month.

HannStar has obtained orders for handset-use panels with shipment scheduled through the second quarter of 2017. The average screen size for feature phones will increase from 2.1-inch in 2016 to 2.4-inch in 2017, and a 5.3G glass substrate can be cut into either 900 2.1-inch panels or 600 2.4-inch units, implying tight supply for the latter, HannStar said. For smartphones, the average screen size will also rise from 4.5-inch in 2016 to 5.0-5.2-inch in 2017, HannStar noted.

HannStar posted consolidated revenues of NT$9.344 billion for the fourth quarter, increasing 34.22% on quarter and 147.87% on year, and those of NT$23.925 billion for 2016, growing 39.27% on year.