Innolux sees highest profit in 15 quartersBy Lisa Wang / Staff reporterLCD panel maker Innolux Corp (群創) yesterday announced that net profit last quarter reached the highest in 15 quarters and that the strong momentum should carry into this quarter, sparking a sequential increase of 15 percent in the price of TV and laptop panels. People are also upgrading their electronic devices for distance learning, which has deepened an already tight panel supply, the company said. The LCD panel maker yesterday announced that net profit last quarter reached the highest in 15 quarters and that the strong momentum should carry into this quarter, sparking a sequential increase of 15 percent in the price of TV and laptop panels. This quarter, shipments of smaller display panels, those used in handsets, are to decline by a low single-digit percentage from last quarter, the company said. InnoCare, with initial capital of NT$200 million, makes display panels used in medical devices.

Source: Taipei Times May 11, 2021 15:56 UTC