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Monday, 16 May 2011 13:58

Taiwan panel makers suffering

Written by Nick Farell
y_globe

Panel beating
Taiwan’s display panels makers are continuing to lose cash.

Chimei Innolux, the largest producer of its kind in Taiwan, reported combined revenue drop of 13.5 percent during March, and shipped 5.3 per cent less large-sized display panels and 29.55 million units of small and 21.5 per cent medium-sized models. AU Optronics is the second-largest display panel producer on the island, posted a drop of 7.7 per cent in its combined revenue for April.

Chunghwa Picture Tubes shrank 4.9 per cent from March or 21.4 per cent from last April. The company’s TFT (thin-film transistor) business unit also posted a five per cent monthly drop in combined revenue for April.

The only one making any cash is HannStar Display which saw a 10.4 per cent monthly growth in its combined revenue during the month. Analysts think that Taiwanese display panel makers are likely to turn around starting in June, when prices of the products are expected to bottom out. So now is probably a good time to buy.


Nick Farell

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Comments  

 
+9 #1 JAB Creations 2011-05-16 14:41
Suffering is a word I would use to describe starving children or any country like America ravaged by communism. I think most of us here could endure "suffering" the loss of a few million dollars in revenue if we were already making tens of millions.

...or write on-topic and suggest panel prices will be falling.
 
 
+3 #2 pogsnet 2011-05-16 20:23
It is because Korean version makes better option and prices are dropping fast.
 
 
0 #3 fuadzilla 2011-05-17 05:04
correction: ...ravaged by capitalism.
 
 
+1 #4 JAB Creations 2011-05-17 18:05
Quoting fuadzilla:
correction: ...ravaged by capitalism.


No, capitalism has rules to keep the system in check while communism removes property from the people. Rights are inherited by owning property. Slaves don't own anything hence they are powerless, communism is about slavery and not empowering anyone except the people in power.
 
 
-1 #5 fuadzilla 2011-05-18 09:10
i think you're refering to the income gap of 'free market' capitalist society. take a good look around. prove how capitalism could make venezuela better...by increasing fuel prices? by privatising healthcare? hmm...
 

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