Taipei, Tuesday, March 31, 2015 01:02 (GMT+8)
mostly cloudy
Taipei
22°C
CMI remains top supplier of panels to China-based TV vendors - related company info
Julian Ho, Taipei; Alex Wolfgram, DIGITIMES [Tuesday 9 October 2012]
  • Innolux Corporation (formerly Chimei Innolux)
  • Innolux Corporation (Innolux), formerly Chimei Innolux Corporation, is a Taiwan-based company primarily engaged in research, development, manufacture and distribution of thin film transistor liquid crystal display (TFT-LCD) panel modules and LCD monitors.  The company will be strong enough to challenge the leading CMI was formed in March 2010 following the merger of LCD monitor maker Innolux Display, Chi Mei Optoelectronics (CMO), and handheld device panel supplier TPO Display.position of AUO Optronics and becoming the world No. 3 liquid-crystal-display (LCD) panel maker.

    The Company's major products include LCD television panels, monitor panels, notebook computer display panels, audio/video (AV) and mobile display panels, medical display panels and special-application panels. Its products are applied in mobile communication products, information product and household electrical appliances. The Company operates international divisions in Japan, the United States, Holland, England, Germany and Singapore. The Company has production facilities in Jhunan and Tainan(Taiwan), Ningbo, Zhejiang Province, and Foshan, Guangdong province in China.

  • Performance
    The company's stock price closed at NT$15.5 on the TSE on Friday, March 27, 2015.
    The company has reported consolidated revenues of NT$27,207 million for February 2015, representing a 24.5% drop on month and 9.4% increase on year.
    For the third quarter of 2014, the company totaled NT$113,092 million in consolidated revenues, up 1.8% sequentially and up 16.5% on year.
    Brief

    Full name: Innolux Corporation (formerly Chimei Innolux)

    Chinese name: 群創光電股份有限公司(奇美電子)

    Short name: Innolux

    Stock code: 3481

    Country: Taiwan

    Tax ID: 12800225

    Market: TSE

    Established: 14 Jan 2003

    Paid in capital: NT$99.56 billion

    Listed on TSE: 24 Oct 2006

    Listed on ESB: 5 Jul 2005

    Public since: 17 Jan 2005

    Website: www.chimei-innolux.com

  • Latest stock
    Innolux [3481] historical stock price (NT$)
    DateVolume (k)TransactionsValueOpenHighLowCloseChangeAskBid
    30-Mar 42,350 7,300 650,489,408 15.60 15.60 15.20 15.30-0.20-1.29% 15.35 15.30
    27-Mar 32,046 5,357 499,211,429 15.70 15.75 15.45 15.50-0.10-0.64% 15.55 15.50
    26-Mar 58,018 11,013 899,543,713 15.60 15.65 15.35 15.60-0.30-1.89% 15.65 15.60
    25-Mar 44,116 9,087 705,544,924 16.10 16.20 15.85 15.90-0.20-1.24% 15.95 15.90
    24-Mar 32,887 6,204 527,739,211 16.10 16.15 15.95 16.10+0.00+0.00% 16.10 16.05
    23-Mar 67,849 12,594 1,087,131,762 15.80 16.20 15.75 16.10+0.35+2.22% 16.10 16.05
    • Source: TSE, compiled by Digitimes
    Latest sales

    Innolux: Consolidated revenues, Feb 2014 - Feb 2015 (NT$m)

    Month

    Sales

    M/M

    Y/Y

    YTD

    Y/Y

    Feb-15

    27,207

    (24.5%)

    9.4%

    63,256

    21.1%

    Jan-15

    36,048

    (5.7%)

    31.7%

    36,048

    31.7%

    Dec-14

    38,209

    (0.6%)

    18%

    428,662

    1.4%

    Nov-14

    38,456

    0.5%

    18.5%

    390,453

    (0%)

    Oct-14

    38,281

    (0.5%)

    18.2%

    351,996

    (1.7%)

    Sep-14

    38,481

    0.8%

    18.8%

    313,715

    (3.6%)

    Aug-14

    38,180

    4.8%

    15.6%

    275,234

    (6.1%)

    Jul-14

    36,431

    (0.3%)

    14.6%

    237,054

    (8.9%)

    Jun-14

    36,555

    0.6%

    10.3%

    200,623

    (12.1%)

    May-14

    36,325

    (4.9%)

    (3.1%)

    164,069

    (15.9%)

    Apr-14

    38,185

    2.3%

    (6.7%)

    127,744

    (19%)

    Mar-14

    37,322

    50.1%

    (16%)

    89,559

    (23.3%)

    Feb-14

    24,869

    (9.1%)

    (24.7%)

    52,237

    (27.8%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2015

    Innolux: Consolidated revenues, 3Q13 - 3Q14 (NT$m)

    Quarter

    Sales

    Q/Q

    Y/Y

    YTD

    Y/Y

    3Q-14

    113,092

    1.8%

    16.5%

    313,715

    (3.6%)

    2Q-14

    111,064

    24%

    (0.5%)

    200,623

    (12.2%)

    1Q-14

    89,559

    (7.9%)

    (23.4%)

    89,559

    (23.4%)

    4Q-13

    97,220

    0.1%

    (25%)

    422,731

    (12.6%)

    3Q-13

    97,096

    (13%)

    (24.7%)

    325,511

    (8.1%)

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2015

    Latest balance sheet and income statement

    Innolux: Consolidated balance sheet, 4Q13 - 4Q14 (NT$k)

    Item

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    Current assets

    189,380,812

    156,775,577

    152,388,247

    163,533,078

    171,701,969

    Intangible assets

    20,219,137

    20,451,619

    20,531,808

    20,830,472

    21,214,994

    Non-current assets

    293,135,743

    302,339,512

    312,470,595

    323,917,081

    336,498,916

    Assets

    482,516,555

    459,115,089

    464,858,842

    487,450,159

    508,200,885

    Current liabilities

    199,135,498

    177,507,769

    191,259,311

    191,183,861

    300,586,751

    Non-current liabilities

    54,209,621

    66,166,822

    76,990,078

    100,527,608

    13,036,280

    Liabilities

    253,345,119

    243,674,591

    268,249,389

    291,711,469

    313,623,031

    Stockholders' equity

    229,171,436

    215,440,498

    196,609,453

    195,738,690

    194,577,854

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2015

    Innolux: Consolidated income statement, 4Q13 - 4Q14 (NT$k)

    Item

    4Q-2014

    3Q-2014

    2Q-2014

    1Q-2014

    4Q-2013

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    NT$k

    % of sales

    Operating revenue

     

     

    113,091,500

     

    111,064,490

     

    89,558,900

     

    97,219,724

     

    Gross profit (loss) from operations

     

     

    14,565,886

    12.9%

    11,804,227

    10.6%

    5,625,844

    6.3%

    4,870,872

    5%

    Operating expenses

     

     

    5,471,822

    4.8%

    5,437,854

    4.9%

    4,446,985

    5%

    4,936,459

    5.1%

    Operating income (loss)

     

     

    9,094,064

    8%

    6,366,373

    5.7%

    1,178,859

    1.3%

    -65,587

    -0.1%

    Non-operating expenses and losses

     

     

    -1,346,694

    -1.2%

    -2,950,198

    -2.7%

    -1,016,712

    -1.1%

    -1,156,909

    -1.2%

    Income from continuing operations before income tax

     

     

    7,747,370

    6.9%

    3,416,175

    3.1%

    162,147

    0.2%

    -1,222,496

    -1.3%

    Net income (loss)

     

     

    7,359,509

    6.5%

    3,010,092

    2.7%

    152,955

    0.2%

    -1,339,495

    -1.4%

    Diluted earnings per share (NT$)

     

     

    0.8

     

    0.3

     

    0

     

    -0.2

     

    *Figures are consolidated
    Source: TSE, compiled by Digitimes, March 2015

Realtime news
  • Toshiba in talks to sell large stake of Egypt-based TV manufacturing facilities, says report

    Displays | 1h 53min ago

  • Asustek to add fingerprint ID function to ZenFone in 2H15, says paper

    Mobile + telecom - Newswatch | 2h ago

  • IHS comments on Intel potential acquisition of Altera

    Bits + chips | 2h 2min ago

  • Epistar to start production of integrated power drivers based on Si substrates

    LED | 2h 57min ago

  • CPT reports decline for 2014 performance

    Displays | 3h 1min ago

  • Giga Solar Materials to deal out 2014 dividend of NT$15.00

    Green energy | 3h 3min ago

  • Asustek hopes to globally ship 30 million smartphones in 2015, says chairman

    Before Going to Press | 3h 11min ago

  • Inventec to set server production plants in Southeast Asia and Japan, says chairman

    Before Going to Press | 3h 12min ago

  • Taiwan market: Gogoro to unveil first e-bike in summer 2015

    Before Going to Press | 3h 34min ago

  • Lenovo plans to launch smartphones in Japan, says Nikkei

    Before Going to Press | 3h 35min ago

  • New government-sponsored technology research facilities kick off

    Before Going to Press | 3h 36min ago

  • Motherboard players already not expected to achieve shipment targets for 2015

    Before Going to Press | 3h 38min ago

  • IC distributor ANStek revenues and profits climb to 3-year highs

    Before Going to Press | 3h 39min ago

  • Niching 2014 profits hit 3-year high

    Before Going to Press | 3h 39min ago

  • Sony Mobile executive to visit Taiwan smartphone ODMs to enhance cooperation

    Before Going to Press | 3h 39min ago

  • China government to halt investments for BOE 10.5G LCD facilities

    Before Going to Press | 3h 40min ago

  • Health care remains a focus for wearable vendors

    Before Going to Press | 3h 41min ago

  • China PV makers expect demand to rebound in 2Q15

    Before Going to Press | 3h 42min ago

  • Samsung Display looking to revamp OLED TV panel production

    Before Going to Press | 3h 43min ago

  • Foxconn nets NT$8.85 per share for 2014

    Before Going to Press | 3h 44min ago

  • UMC snatches high-end 28nm chip orders from TSMC clients

    Before Going to Press | 3h 45min ago

  • Demand from China picking up, say IC design houses

    Before Going to Press | 3h 46min ago

  • Foundry chipmaker Powerchip rolls out solutions for IoT

    Before Going to Press | 3h 47min ago

  • Simplo pushing new businesses

    Before Going to Press | 3h 47min ago

Pause
 | 
View more

30-Mar-2015 markets closed

 LastChange

TAIEX (TSE)9503.72-115.40-1.2% 

TSE electronic377.9-6.50-1.69% 

GTSM (OTC)143.81-1.22-0.84% 

OTC electronic188.31-2.09-1.1% 

2015 China IC design market forecast
Trends and forecasts for the China FPD industry, 2014-2017
The transition to 4k TV - UHD TV market forecast, 2014-2017
  • Ultra HD

    Ultra HD is now the industry name for "4K" resolution

  • Quantum Dot TV technology breaking into the market

    LCD TV makers are responding to the challenge of OLED, with quantum dot (QD) technology, curved screens and other innovations. In order to boost consumer...

  • Touch Taiwan 2014

    Touch Taiwan 2014 to be held in Taipei from August 27-29.

  • Flexible Display Technology

    Flexible displays are expected to become more widely used in mobile applications in 2014. But how flexible will they be? Due to constraints in components...

  • LCD TV overview - Jun 2011

    Growth of the global LCD TV market was not as strong as expected in 2010 as the market continued to feel the aftershocks of the economic recession that had hit...

  • A glimpse into the e-book reader market - May 2010

    In 2008, worldwide e-book reader shipments totaled only 700,000 units, according to Digitimes Research. But demand exploded in 2009 as consumer interests grew...

  • Overview of LCD TV market - May 2010

    When the economic recession hit at the end of 2008, the LCD TV market seemed to be heading toward a doomsday scenario in 2009; however, demand turned out to be...

  • Large-size LCD panel overview - Jun 2007

    Global large-size LCD panel market revenues are expected to increase at a compound annual growth rate (CAGR) of 12.5% to US$96.2 billion by 2011, up from US$53.5...

  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.

10 days cloud