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Company News >> Innolux, HannStar, Crystal Technology and Lingju Technology Group's flat-panel sales decline in February
It is reported that due to panel price declines, seasonal factors and customer inventory adjustments, Taiwan's flat panel makers Innolux, HannStar, and Ling Technology's revenue in February 2018 have a downward trend.
Innolux’s consolidated revenue for February was NT$18.08 billion (US$61.761 million), a decrease of 30.7% from the previous quarter and a decrease of 34% year-on-year. Innolux's large-size LCD panels shipped 7.75 million units, a decrease of 23.3% from the previous quarter; shipments of medium and small-sized panels were 21.98 million, a decrease of 9.3% compared with the previous quarter. In the first two months of 2018, Innolux revenue was NT$44.18 billion, a decrease of 19.19% year-on-year.
In February 2018, HannStar Color's revenue was NT$1.93 billion, a 41% decrease from the previous quarter and a 41.8% year-on-year decrease. In the same month, the shipment of HannStar's small- and medium-size panel shipments was 31.2 million units, a 30.1% decrease from the previous quarter; shipments of large-size panels reached 84,000 units, a year-on-year decrease of 72.6%.
In February 2018, Lingju Technology’s revenue reached NT$660 million, a 32.26% decrease from the previous quarter and a decrease of 32.16% year-on-year. From January to February of 2018, Lingju Technology's total revenue reached NT$1.635 billion, a decrease of 15.33% year-on-year.

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