Industry news

LCD panel maker Innolux has announced its December 2016 consolidated revenues totaled NT$32.2 billion (US$1 billion), an increase of 10.2% on month and an increase of 21.7% on year.

During December 2016, Innoulx shipped 10.2 million units of large-size products, a decrease of 1.4% on month. Shipments for small- to medium-size products were 23 million units, an increase of 13.5% sequentially.

For the fourth quarter 2016, Innolux's consolidated revenues came to NT$89.4 billion, an increase of 9.7% on year and an increase of 20% sequentially.

The fourth quarter's large-size shipments reached 30.2 million units, a decrease of 0.6% over 30.3 million units shipped in the previous quarter. Shipments to the small- to medium-size segment were 61.9 million units, a 1.6% increase over the 60.9 million units shipped in the previous quarter.

For the full year 2016, Innolux reported consolidated revenues of NT$287.1 billion, a 21.2% decrease over NT$364.1 billion in 2015. Shipments of large-sized units reached 110.7 million, a 10% decrease over the 123 million units shipped in 2015; and 224.9 million for small- to medium-size units, a 10.8% decrease over the 252 million units shipped in 2015.

The company's stock price changed 3.00% and finished at NT$12.95 in trading on the Taiwan Stock Exchange (TSE) on January 6, 2017.