Flat panel makers Innolux, HannStar Display and Giantplus Technology all have reported decreased revenues for February affected by falling panel prices, seasonal factors and inventory adjustments at clients.
Innolux has reported consolidated revenues of NT$18.08 billion (US$617.61 million) for February, down 30.7% on month and 34% on year.
Innolux's shipments of large-sized LCD panels reached 7.75 million units, down 23.3% on month; shipments of small- and medium-sized panels totaled 21.98 million units, decreasing 9.3% sequentially.
For the first two months of 2018, Innolux's revenues amounted NT$44.18 billion, down 19.19% from a year earlier.
HannStar Display also saw its revenues slide 41% on month and 41.8% on year to NT$1.93 billion in February.
HannStar shipped 31.2 million units of small- and medium-sized panels in February, down 30.1% sequentially. Shipments of large-sized panels totaled 84,000 units, decreasing 72.6% from a year earlier.
Giantplus posted revenues of NT$660 million for February, down 32.26% on month and 32.16% on year. For the January-February period, its revenues totaled NT$1.635 billion, down 15.33% on year.