- 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.
-
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$79.13 billion
Listed on TSE: 24 Oct 2006
Listed on ESB: 5 Jul 2005
Public since: 17 Jan 2005
Website: www.chimei-innolux.com
Related news- Panel profitability may improve in 4Q12, but demand likely to drop in 1Q13
- Innolux tops 3Q12 panel suppliers for China-based TV vendors, says paper
- Innolux to focus more on developing IPS wide viewing angle panel technology
- Innolux optimistic about the panel industry in 2013, says CEO
- CMI officially announces name change
- CMI reports October 2012 financial results
- AUO, CMI land orders for TV panels in 2013
- CMI to focus on Ultra HD TV panels for product differentiation in 2013
-
Financial performance
Innolux [3481] historical stock price (NT$) Date Volume (k) Transactions Value Open High Low Close Change Ask Bid 24-May 73,513 11,577 1,433,870,711 19.75 19.95 19.30 19.30 -0.45 -2.28% 19.35 19.30 23-May 58,086 11,549 1,157,654,849 20.35 20.40 19.70 19.75 -0.70 -3.42% 19.80 19.75 22-May 45,403 8,855 928,298,342 20.65 20.70 20.20 20.45 -0.05 -0.24% 20.50 20.45 21-May 55,559 10,884 1,146,142,354 20.50 20.95 20.35 20.50 +0.25 +1.23% 20.50 20.45 20-May 39,491 7,191 792,094,873 20.10 20.30 19.90 20.25 +0.15 +0.75% 20.25 20.20 17-May 61,586 10,596 1,237,813,960 20.00 20.25 19.95 20.10 +0.15 +0.75% 20.10 20.05 16-May 143,331 22,925 2,890,199,554 19.70 20.70 19.70 19.95 +0.55 +2.84% 20.00 19.95 15-May 72,525 10,885 1,397,919,598 19.30 19.40 19.10 19.40 +0.20 +1.04% 19.40 19.35 - Source: TSE, compiled by Digitimes
Innolux: Consolidated revenues, Apr 2012 - Apr 2013 (NT$m)
Month
Sales
M/M
Y/Y
YTD
Y/Y
Apr-13
40,909
(8%)
13.2%
157,684
8.4%
Mar-13
44,441
34.7%
8.9%
116,775
6.9%
Feb-13
33,004
(16.1%)
(11.5%)
72,334
5.6%
Jan-13
39,330
(11.3%)
26.1%
39,330
26.1%
Dec-12
44,316
2.4%
(5.4%)
480,913
(4%)
Nov-12
43,277
3%
(0.3%)
436,597
(3.9%)
Oct-12
42,010
(7.4%)
4.6%
393,320
(4.3%)
Sep-12
45,351
2.1%
9.4%
351,310
(5.2%)
Aug-12
44,404
11.6%
5.7%
305,959
(7.1%)
Jul-12
39,797
8%
(3.4%)
261,555
(8.9%)
Jun-12
36,835
(6.8%)
(10.2%)
221,758
(9.9%)
May-12
39,517
9.4%
(2.1%)
184,924
(9.8%)
Apr-12
36,139
(11.4%)
(10.3%)
145,407
(11.7%)
*Figures are consolidated
Source: TSE, compiled by Digitimes, May 2013Innolux: Non-consolidated revenues, Dec 2011 - Dec 2012 (NT$m)
Month
Sales
M/M
Y/Y
YTD
Y/Y
Dec-12
43,713
2.5%
(3.2%)
471,524
(2.9%)
Nov-12
42,639
2.9%
2.6%
427,812
(2.8%)
Oct-12
41,435
(8.5%)
9.2%
385,173
(3.4%)
Sep-12
45,290
5.4%
13.6%
343,738
(4.7%)
Aug-12
42,978
10.6%
4.7%
298,447
(7%)
Jul-12
38,846
8.2%
(3%)
255,469
(8.7%)
Jun-12
35,891
(4.8%)
(9.8%)
216,623
(9.7%)
May-12
37,694
5.5%
(3.2%)
180,731
(9.6%)
Apr-12
35,744
(11.5%)
(9.3%)
143,038
(11.2%)
Mar-12
40,396
10.9%
(10.7%)
107,293
(11.8%)
Feb-12
36,419
19.5%
0.1%
66,897
(12.4%)
Jan-12
30,478
(32.5%)
(23.8%)
30,478
(23.8%)
Dec-11
45,140
8.6%
2.3%
485,403
2.5%
*Figures are not consolidated
Source: TSE, compiled by Digitimes, May 2013Innolux: Consolidated revenues, 4Q11 - 4Q12 (NT$m)
Quarter
Sales
Q/Q
Y/Y
YTD
Y/Y
4Q-12
129,618
0.6%
(5.8%)
483,610
(5.2%)
3Q-12
128,905
15.2%
4.1%
353,992
(5%)
2Q-12
111,941
(1.1%)
(8.4%)
225,087
(9.5%)
1Q-12
113,146
(17.8%)
(10.5%)
113,146
(10.5%)
4Q-11
137,589
11.1%
0.8%
510,081
3.5%
*Figures are consolidated
Source: TSE, compiled by Digitimes, May 2013Innolux: Non-consolidated revenues, 4Q11 - 4Q12 (NT$m)
Quarter
Sales
Q/Q
Y/Y
YTD
Y/Y
4Q-12
127,787
0.5%
2.5%
471,524
(2.9%)
3Q-12
127,115
16.2%
5.1%
343,738
(4.7%)
2Q-12
109,361
2%
(7.4%)
216,623
(9.7%)
1Q-12
107,261
(14%)
(11.8%)
107,261
(11.8%)
4Q-11
124,667
3.1%
(3%)
485,403
2.5%
*Figures are not consolidated
Source: TSE, compiled by Digitimes, May 2013Innolux: Consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
Item
4Q-2012
3Q-2012
2Q-2012
1Q-2012
4Q-2011
Current assets
174,628,466
193,113,686
209,475,734
203,290,678
212,582,766
Long-term investments
5,568,451
6,743,162
4,711,096
4,792,346
4,791,322
Intangible assets
18,065,083
18,190,058
18,271,989
18,394,860
18,517,906
Other assets
26,244,104
26,229,320
26,129,238
25,662,439
26,696,758
Assets
570,858,240
605,513,703
644,515,249
656,068,789
683,665,076
Current liabilities
237,029,639
220,435,781
248,984,203
240,536,138
419,171,745
Other liabilities
8,894,958
8,746,274
8,738,726
8,931,233
10,122,091
Liabilities
398,416,294
429,054,021
468,574,152
470,253,621
484,997,133
Stockholders' equity
172,441,946
176,459,682
175,941,097
185,815,168
198,667,943
*Figures are consolidated
Source: TSE, compiled by Digitimes, May 2013Innolux: Non-consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
Item
4Q-2012
3Q-2012
2Q-2012
1Q-2012
4Q-2011
Current assets
148,614,892
156,177,730
146,478,853
141,169,425
155,428,602
Long-term investments
67,873,718
69,048,653
69,435,215
69,490,199
68,336,393
Intangible assets
18,064,885
18,189,825
18,269,946
18,392,717
18,515,631
Other assets
23,121,395
23,268,598
22,906,095
22,028,814
22,596,907
Assets
556,595,905
578,016,067
582,879,750
592,873,532
621,649,730
Current liabilities
237,628,126
207,615,606
207,604,230
199,069,104
380,305,366
Other liabilities
8,748,558
8,691,641
8,681,596
9,842,756
11,216,431
Liabilities
385,687,124
402,882,212
408,918,615
409,393,890
425,468,794
Stockholders' equity
170,908,781
175,133,855
173,961,135
183,479,642
196,180,936
*Figures are not consolidated
Source: TSE, compiled by Digitimes, May 2013Innolux: Consolidated income statement, 4Q11 - 4Q12 (NT$k)
Item
4Q-2012
3Q-2012
2Q-2012
1Q-2012
4Q-2011
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
Gross sales
130,318,676
129,469,658
112,589,215
113,582,346
139,746,929
Operating revenue
129,618,370
99.5%
128,904,791
99.6%
111,940,536
99.4%
113,146,234
99.6%
137,589,311
98.5%
Gross profit (loss) from operations
9,346,860
7.2%
4,122,234
3.2%
-1,969,297
-1.7%
-6,762,452
-6%
-10,275,493
-7.4%
Operating expenses
6,390,428
4.9%
6,451,647
5%
5,816,582
5.2%
5,423,310
4.8%
6,659,594
4.8%
Operating income (loss)
2,956,432
2.3%
-2,329,413
-1.8%
-7,785,879
-6.9%
-12,185,762
-10.7%
-16,935,087
-12.1%
Non-operating revenues and gains
1,152,542
0.9%
1,976,260
1.5%
180,825
0.2%
3,689,827
3.2%
911,202
0.7%
Income from continuing operations before income tax
-3,214,215
-2.5%
-3,847,933
-3%
-10,006,954
-8.9%
-13,001,603
-11.4%
-22,162,590
-15.9%
Net income (loss)
-3,154,191
-2.4%
-3,720,682
-2.9%
-9,695,270
-8.6%
-12,903,253
-11.4%
-20,312,473
-14.5%
*Figures are consolidated
Source: TSE, compiled by Digitimes, May 2013Innolux: Non-consolidated income statement, 4Q11 - 4Q12 (NT$k)
Item
4Q-2012
3Q-2012
2Q-2012
1Q-2012
4Q-2011
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
NT$k
% of sales
Gross sales
128,507,646
127,593,609
110,112,457
107,368,379
126,047,769
Operating revenue
127,786,512
99.4%
127,115,346
99.6%
109,361,017
99.3%
107,261,499
99.9%
124,666,592
98.9%
Gross profit (loss) from operations
6,382,904
5%
1,986,277
1.6%
-4,715,686
-4.3%
-10,526,230
-9.8%
-13,158,659
-10.4%
Operating expenses
4,738,780
3.7%
4,708,314
3.7%
3,912,730
3.6%
3,605,678
3.4%
4,561,474
3.6%
Operating income (loss)
1,644,124
1.3%
-2,722,037
-2.1%
-8,628,416
-7.8%
-14,131,908
-13.2%
-17,720,133
-14.1%
Non-operating revenues and gains
1,312,867
1%
1,713,526
1.3%
-340,700
-0.3%
4,660,248
4.3%
1,739,302
1.4%
Income from continuing operations before income tax
-3,651,083
-2.8%
-4,087,007
-3.2%
-10,308,153
-9.4%
-12,891,249
-12%
-21,872,884
-17.4%
Net income (loss)
-3,152,975
-2.5%
-3,721,616
-2.9%
-9,564,397
-8.7%
-12,766,361
-11.9%
-19,991,461
-15.9%
*Figures are not consolidated
Source: TSE, compiled by Digitimes, May 2013 - Innolux Corporation (formerly Chimei Innolux) full profile
CMI September revenues hit 2012 high - related company info
Alex Wolfgram, DIGITIMES, Taipei [Thursday 11 October 2012]
- AUO aims at 20% market share for eTP touch panels for notebooks in 2013
- Digitimes Research: US new solar installations may only reach 3.5GW in 2013
- Solar cell prices may increase to US$0.43/W in Taiwan
- Sony Mobile to extend cooperation with ODM firms, says marketing executive
- Senao expanding retail chain in eastern China
- UDE likely to obtain orders from 2 game console vendors
- Lenovo 1Q13 net profit hikes 90% on year
- Phison warns several backend firms of possible patent infringement
- Facebook sets up OCP Taiwan
- Computex 2013: Memory module firms to showcase new SSDs
- Asia to be largest LTE market, says Nokia Siemens Networks greater China head
- ABB to produce PV inverters in South Africa
- TPV Technology suffers 1Q13 net loss of over US$10 million
- Digitimes Research: Seoul Semiconductor may see 2013 revenues up 40.3% on year
- Taiwan April manufacturing production index down, says MOEA
- Polarizer makers under price-cut pressure from clients
- AUO to supply panels for use in 2nd-gen Nexus 7, say sources
- US fab-tool book-to-bill stays above parity, says SEMI
- Intel, MediaTek and Elan taking up 60% of global touchscreen controller market
- HannStar to reach 95% utilization in 2Q13
- Windows 8 expected to take up 5-8% of global tablet shipments in 2013, say Taiwan makers
- Digitimes Research: Global LED tube light shipments to reach 220 million units in 2013
- Nvidia introduces GeForce GTX 780 GPU for gaming
- Quartz component maker TXC expects sales to rise through 4Q13
- Global LCD monitor OEM shipments down 14% on year in 1Q13, says TPV
24-May-2013 markets closed
| Last | Change |
| TAIEX (TSE) | 8209.78 | -28.05 | -0.34% |
| TSE electronic | 310.89 | -0.43 | -0.14% |
| GTSM (OTC) | 118.64 | -0.71 | -0.59% |
| OTC electronic | 143.77 | -0.29 | -0.2% |
- Corning Lotus XT Glass selected for Tianma's LTPS line (May 20) - Company release
- MIT tech turns any surface into a user interface, but it's useless without Google Glass (May 2) - ExtremeTech
- Diamond Pixels: Galaxy S4's unique subpixel arrangement gets a close up (April 30) - Andorid Authority
- Revolutionary display technology can lift the ban on digital billboards (May 8) - EMSNow
- This ain't Foxconn: Inside the factory where Vertu assembles smartphones by hand - Digital Trends
- Amazon buys Liquavista from Samsung, launches digital currency (May 13) - Reuters
- Korea launches touch screen industry forum to help domestic manufacturers grow worldwide (May 8) - The Next Web
- Amazon's rumoured smartphone-with-holograms is an awful idea (May 10) - Wired
- Digitimes Research: LCD monitor shipments from Taiwan makers drop 14.7% in 1Q13
- Digitimes Research: Taiwan small- to medium-size TFT LCD panel shipments to rise nearly 10% in 2Q13
- Digitimes Research: Taiwan LCD TV shipments expected to rise nearly 5% in 2Q13
- Digitimes Research: LED TV to account for 100% of Samsung TV products in 2013
- Releases
- White papers
- Bulletin
Sponsor zone
- Fortrend shipped Turn Key to China first licensing partner
- Merck inaugurates its New Business R&D and Application Lab in Taiwan
- Multi-touch applications in PC and mobile devices
- The opportunities and challenges for Taiwan in the face of multi-platform applications
- Trends and challenges for the development of multiple platforms for mobile devices in 2013
- LSI completes acquisition of SandForce
- Fujitsu introduces ARROWS Z ISW11F au smartphone
- PSCo Technical Distribution partners with Matrox to offer fully integrated turnkey video walls
- Digital Signage Expo 2012 opens conference registration
- Subkarma invited OPTOTECH to take part in the '2011 Taipei World Design Expo'
Photo: Company, Apr 10.
Photo: Company, Apr 10.
Photo: Company, Mar 5.
Photo: Company, Mar 5.
Lenovo displays new 10.1-inch tablet at the Mobile World Congress
Photo: Company, Feb 27.
Photo: Company, Feb 27.
Photo: Company, Jan 29.
Photo: ViewSonic, Jan 29.
Photo: Company, Jan 28.
Photo: Samsung Electronics, Jan 17.
Photo: Archos, Jan 17.
Photo: Company, Jan 9.
- China market: Epson targets 2011 projector shipments to reach 200,000 units
- Projector suppliers find new ground in emerging markets
- Taiwan market: Enterprise models dominate 2Q11 shipments
- ViewSonic announces ultra-portable LED projector line
- Computex 2011: Nvidia introduces wired 3D Vision glasses and new GeForce GPUs
Ultra HD is now the industry name for "4K" resolution
Panel makers are gearing up to produce Full HD applications for high-end smartphones.
LCD TV panel prices have stabilized, with the China TV market reporting strong sales during the October 1 National Day holidays.
Many local and foreign makers, such as AUO, CMI and Corning, are at Touch Taiwan 2012 from August 29-31.
Future developments in the TFT LCD panel industry: Q&A with Innolux chairman
The TFT LCD panel industry is continuing to intensify as market demand is increasing, bringing competition...
The development of OGS products in China: Q&A with Truly chairman
Despite lagging growth in the global economy, smartphone and tablet applications that use one-glass-solution...
The possibilities of Willow glass: Q&A with Corning executives Alan Eusden and Dipak Chowdhury
Corning Glass is one of the world's leading makers in specialty glass. One of its latest products is...
Despite the fact the penetration rate of LED backlight units (BLUs) in TVs has been increasing continuously,...
- 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...
- 2H 2012 global TFT panel market forecast
Digitimes Research predicts there will be a total of 389 million large-sized TFT LCD panels shipped in 2H12, with 195 million in the third quarter and 194 million in the fourth quarter - with the total representing a 7.6% increase over the first half of this year.
- Trends in the China video market
In addition to strong potential video content demand in China, the market has developed rapidly due to government intervention and delays in establishing copyright protections.
- 4Q12 trends in the Greater China touch panel industry
In the second half of 2012, the market focus is on the iPhone 5, which uses in-cell touch screen technology. Due to the integration of display panels and touch panel functions, the high technological threshold will mean Taiwan touch panel makers are unable to enter the iPhone supply chain.
TAG CLOUD
10 days cloud