‘RED OCEAN’: China’s irrational LCD panel investments could lead to a supply glut, to which Innolux is responding by focusing its production on fingerprint sensors

Taipei Times
Date: Mar 05, 2019
By: Lisa Wang  /  Staff Reporter

LCD panel maker Innolux Corp (群創) yesterday said that it is modernizing its old fabs to manufacture higher-margin fingerprint sensors and miniLED backlights for public displays and TV panels, instead of investing heavily on next-generation fabs.

The Miaoli-based company said that it began looking for new products that can be produced at its less-advanced factories about six years ago in a bid to shift away from the standard flatpanel market amid China’s frenzy of investing in 8.5 and 10-generation LCD panel factories.

China’s irrational investments would lead to a supply glut and “put Taiwan under heavy pressure,” C. K. Wei (韋忠光), an assistant vice president of Innolux’s technology development center, told a media briefing in Taipei.    [FULL  STORY]