OVERSUPPLY: The flat-panel manufacturer is hoping that tight supply of polarizers a key component, could curb production and help prices to stabilize this quarter
Date: May 10, 2019
By: Lisa Wang / Staff reporter
LCD panel maker Innolux Corp (群創) yesterday reported its worst quarterly loss in about three years, as prices fell due to a slump in demand over the slack season.
However, the Miaoli-based company expects TV panel prices to stabilize this quarter, as supply constraints of polarizers, a key component, could curb production.
Demand for flat panels used in PC monitors, laptops and small displays is picking up after bottoming out last quarter, Innolux said in a statement.
Shipments of TV and PC panels is expected to grow by a low single-digit percentage this quarter from last quarter, Innolux said, adding that prices should rise sequentially by a low single-digit percentage. [FULL STORY]