Taiwan-based panel makers post mix sales results in October

Emily Chuang, DIGITIMES, Taipei [Thursday 8 November 2007]

Taiwan-based panel makers had mixed performance in October with Chi Mei Optoelectronics (CMO) and Chunghwa Picture Tubes (CPT) reporting sales growth while AU Optronics (AUO) and HannStar Display announced falling revenues.

CMO enjoyed the best performance in October. The company had consolidated LCD revenues of NT$38.1 billion (US$1.18 billion) last month, an increase of 15.7% on month and the company shipped approximately 6.1 million panels, up 11% on month. CPT also reported improving sales in October, but sequential growth was only slight.

AUO and HannStar Display, however, both reported consolidated revenues and shipments dropped slightly during the period. This is the first time that AUO and HannStar posted falling sales since February 2007.

AUO saw sales and shipments drop 1.1% and 3.4% sequentially to NT$53.121 billion and 7.9 million units, respectively, in October. Meanwhile, HannStar announced revenues fell 1.4% to NT$8.3 billion in October while its shipments also decreased by 0.64% to 1.7 million units, said the companies.

Source: Companies, compiled by Digitimes, November 2007

Source: Companies, compiled by Digitimes, November 2007