Taipei, Tuesday, October 17, 2017 11:58 (GMT+8)
mostly cloudy
BLU maker Coretronic reports brisk sales for September
Rebecca Kuo, Tainan; Steve Shen, DIGITIMES [Thursday 12 October 2017]

Backlight unit (BLU) maker Coretronic has reported consolidated revenues of NT$5.084 billion (US$168.15 million) for September, up 10% on month and 1.05% on year.

Revenues for the third quarter of 2017 were up 16% on quarter to NT$13.893 billion, driven by peak-season effects and the launch of new products, according to the company.

Shipments of display products totaled 126,000 units valued at NT$1.906 billion in September, representing an increase of 19% in unit shipments and 23% in shipment value as compared to the previous month.

For the third quarter, display product shipments reached 330,000 units valued at NT4.765 billion, increasing 3% and 21%, respectively, from a quarter earlier.

Shipments of BLUs, TV ODM/system solutions and other enery-saving devices totaled NT$2.652 billion in September, up 5% on month. Combined shipments of BLUs, ODM solutions and other devices reached NT$7.631 billion in the third quarter, increasing 18% sequentially.

However, accumulated 2017 revenues through September amounted to NT$38.05 billion, decreasing 12% from a year earlier.

Coretronic expects its revenues to decline slightly in October as compared to those recorded in the previous month due to seasonality.

Categories: Display components Displays

Tags: BLU Coretronic sales

Companies: Coretronic

Realtime news
  • Linde LienHwa making new gas production investments in Taiwan

    Bits + chips | 3min ago

  • Taiwan PV Module Manufacturing to set up factory in STSP

    Green energy | 35min ago

  • Largan recruiting over 1,000 workers

    IT + CE | 45min ago

  • Yield rates for iPhone X components improving

    Bits + chips | 58min ago

  • TSEC signs MoU for southern Taiwan PV projects

    Green energy | 1h 7min ago

  • SMIC names co-CEOs

    Bits + chips | 1h 18min ago

  • China-based Konka group to invest NT$200-300 billion in AMobile

    Before Going to Press | Oct 16, 22:12

  • Xintec to swing to profit in 4Q17, says report

    Before Going to Press | Oct 16, 22:08

  • SMIC names new executives

    Before Going to Press | Oct 16, 21:39

  • NSP looking to wholly own GES

    Before Going to Press | Oct 16, 21:36

  • Xiaomi aims to ship 90 million smartphones in 2017

    Before Going to Press | Oct 16, 21:31

  • Asustek, Gigabyte reorganization efforts to bear fruit in 1Q18

    Before Going to Press | Oct 16, 21:25

  • IC material supplier Wahlee cuts into supply chain of China panel makers

    Before Going to Press | Oct 16, 21:03

View more
Global AP demand forecast, 2017-2020
Global notebook shipment forecast, 2017 and beyond
  • China AMOLED panel capacity expansion forecast, 2016-2020

    This Digitimes Research Special Report examines the China AMOLED industry, focusing on the expansion capacity of the makers, the current implementation plans of major smartphone vendors in the market and the technological hurdles faced by the China makers.

  • Global AP demand forecast, 2017-2020

    Digitimes Research expects global AP shipments to surpass the 1.9 billion mark in 2017, with smartphones remaining the main application. Qualcomm will be leading the market in 2017, as other players continue playing catch up and scramble for funds to invest in more diverse applications.

  • Global notebook shipment forecast, 2017 and beyond

    This Digitimes Special Report examines key factors in the notebook industry, including products, vendors and ODMs, that will affect total shipments in 2017 and through 2021.