Innolux ranks global 2nd-largest TV panel supplier in May

Focus Taiwan
Date: 2018/07/02
By: Frances Huang

Taipei, July 2 (CNA) Innolux Corp., one of the leading flat panel suppliers in Taiwan, took second spot in TV shipments worldwide in May, trailing only China’s BOE Technology Group, according to Taipei-based market information advisory firm TrendForce Corp.

In a research paper, TrendForce said Innolux shipped 3.82 million TV flat screens in May, up 42.5 percent from a month earlier. The growth was the largest among the top six TV suppliers in the world for the month.

TrendForce said the significant growth enjoyed by Innolux came after the company came up with special price packages to lower inventories of its 39.5-inch and 50-inch TV screens. As a result, inventories of 39.5-inch TV panels were reduced by almost 40 percent.

BOE took the top spot after shipping 4.77 million units in May, up 19 percent from a month earlier as the Chinese firm applied similar preferential price packages as Innolux to cut its inventory of 32-inch TV panels in the month, TrendForce said.    [FULL  STORY]