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Innolux profits drop sharply in 3Q

Rebecca Kuo, Taipei; Rodney Chan, DIGITIMES Asia 0

With its profitability seriously taking a hit by freefalling LCD monitor panel prices, Innolux Display reported net income of only NT$103 million (US$3.12 million) for the third quarter, a sharp drop from NT$3.46 billion for the second quarter.

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