On August 4, according to MoneyDJ news, the panel manufacturer Innolutron continues to be optimistic about the improvement of the industrial supply and demand structure, and it is expected that the upcoming large-scale sports events and digital communication products replacement tide will help the terminal consumer market revival; The supply side will also remain stable as manufacturers rein in capacity.
Innolux has previously announced a partnership with India's Vedanta Group to build an 8th generation TFT-LCD panel plant in India. Innolux said that its Indian partners still think Innolux is a good partner, and the plan to build the plant is in the final stage, waiting for government approval before it can be formally launched.
Taiwan media said Innolux has actively promoted transformation in recent years, and continued to strengthen the layout of the two major business areas of display and non-display, of which the display field mainly focuses on panel module related products business, in order to improve production yield and gross margin, and maintain stable market share as the main goal.
In terms of non-display business, InnolUX is dominated by its medical device subsidiary Rui Sheng Optoelectronics, automotive products Car UX and other emerging application areas.
Innolac said that the small generation TFT-LCD production line (3.5, 4.5, 5.5 generation lines) is gradually facing transition pressure under the premise of benefit optimization, and the benefit is that the mask cost and all aspects of the cost are more economic, so there is still a need. In addition, the company has also developed through the 3.5 generation line in advanced packaging and achieved initial results. The company stressed that there will be more flexible deployment between future generations of production line portfolios.
Innolux's loss in the first half of this year has improved, and it is expected that the operation will have the opportunity to improve quarter by quarter in the second half of the year, mainly because the panel industry has entered a supply-demand balance after several quarters of inventory adjustment.
