Innolux cautious about prospects in second halfBy Lisa Wang / Staff reporterLCD panel maker Innolux Corp (群創) yesterday said it was cautiously optimistic about second-half prospects as an imminent glass substrate supply constraint and an ongoing chip shortage would curb supply and avert a glut. The supply of glass substrates might start declining this month at the earliest, as some manufacturers commence annual factory maintenance, the Miaoli-based company said. Innolux Corp chairman Jim Hung, right, and president James Yang talk to investors during an online conference yesterday. Because of reduced glass substrate supply, “we are cautiously optimistic about the second-half market situation,” Yang said. Innolux expects the strategic partnership to lift its profit margin, as G10.5 has a cost advantage over Innolux’s G6 and G8.5 factories in producing large TV panels, Hung said.

Source: Taipei Times August 06, 2021 15:56 UTC