- 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 18-Jun 31,136 18.70 18.75 18.40 18.70 +0.10 +0.54% 17-Jun 24,744 4,561 460,669,132 18.85 18.85 18.45 18.60 -0.10 -0.53% 18.60 18.55 14-Jun 40,525 7,786 753,062,839 18.55 18.75 18.40 18.70 +0.25 +1.36% 18.70 18.65 13-Jun 57,246 9,919 1,070,993,548 19.00 19.00 18.45 18.45 -0.75 -3.91% 18.45 18.40 11-Jun 46,321 10,158 879,687,470 18.60 19.25 18.60 19.20 +0.65 +3.50% 19.20 19.15 10-Jun 31,163 5,677 579,683,929 18.60 18.75 18.50 18.55 +0.25 +1.37% 18.60 18.55 - Source: TSE, compiled by Digitimes
Innolux: Consolidated revenues, May 2012 - May 2013 (NT$m)
Month
Sales
M/M
Y/Y
YTD
Y/Y
May-13
37,470
(8.4%)
(5.2%)
195,154
5.5%
Apr-13
40,909
(8%)
13.2%
157,684
8.4%
Mar-13
44,441
34.7%
8.9%
116,775
6.9%
Feb-13
33,004
(16.1%)
(11.5%)
72,334
5.6%
Jan-13
39,330
(11.3%)
26.1%
39,330
26.1%
Dec-12
44,316
2.4%
(5.4%)
480,913
(4%)
Nov-12
43,277
3%
(0.3%)
436,597
(3.9%)
Oct-12
42,010
(7.4%)
4.6%
393,320
(4.3%)
Sep-12
45,351
2.1%
9.4%
351,310
(5.2%)
Aug-12
44,404
11.6%
5.7%
305,959
(7.1%)
Jul-12
39,797
8%
(3.4%)
261,555
(8.9%)
Jun-12
36,835
(6.8%)
(10.2%)
221,758
(9.9%)
May-12
39,517
9.4%
(2.1%)
184,924
(9.8%)
*Figures are consolidated
Source: TSE, compiled by Digitimes, June 2013Innolux: Non-consolidated revenues, Dec 2011 - Dec 2012 (NT$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, June 2013Innolux: Consolidated revenues, 1Q12 - 1Q13 (NT$m)
Quarter
Sales
Q/Q
Y/Y
YTD
Y/Y
1Q-13
116,848
(9.9%)
3.3%
116,848
3.3%
4Q-12
129,618
0.6%
(5.8%)
483,610
(5.2%)
3Q-12
128,905
15.2%
4.1%
353,992
(5%)
2Q-12
111,941
(1.1%)
(8.4%)
225,087
(9.5%)
1Q-12
113,146
(17.8%)
(10.5%)
113,146
(10.5%)
*Figures are consolidated
Source: TSE, compiled by Digitimes, June 2013Innolux: Non-consolidated revenues, 4Q11 - 4Q12 (NT$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, June 2013Innolux: Consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
Item
4Q-2012
3Q-2012
2Q-2012
1Q-2012
4Q-2011
Current assets
174,628,466
193,113,686
209,475,734
203,290,678
212,582,766
Long-term investments
5,568,451
6,743,162
4,711,096
4,792,346
4,791,322
Intangible assets
18,065,083
18,190,058
18,271,989
18,394,860
18,517,906
Other assets
26,244,104
26,229,320
26,129,238
25,662,439
26,696,758
Assets
570,858,240
605,513,703
644,515,249
656,068,789
683,665,076
Current liabilities
237,029,639
220,435,781
248,984,203
240,536,138
419,171,745
Other liabilities
8,894,958
8,746,274
8,738,726
8,931,233
10,122,091
Liabilities
398,416,294
429,054,021
468,574,152
470,253,621
484,997,133
Stockholders' equity
172,441,946
176,459,682
175,941,097
185,815,168
198,667,943
*Figures are consolidated
Source: TSE, compiled by Digitimes, June 2013Innolux: Non-consolidated balance sheet, 4Q11 - 4Q12 (NT$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, June 2013Innolux: Consolidated income statement, 1Q12 - 1Q13 (NT$k)
Item
1Q-2013
4Q-2012
3Q-2012
2Q-2012
1Q-2012
NT$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
Operating revenue
116,847,723
89.7%
129,618,370
99.5%
128,904,791
99.6%
111,940,536
99.4%
113,146,234
99.6%
Gross profit (loss) from operations
9,010,847
6.9%
9,346,860
7.2%
4,122,234
3.2%
-1,969,297
-1.7%
-6,762,452
-6%
Operating expenses
5,700,669
4.4%
6,390,428
4.9%
6,451,647
5%
5,816,582
5.2%
5,423,310
4.8%
Operating income (loss)
3,310,178
2.5%
2,956,432
2.3%
-2,329,413
-1.8%
-7,785,879
-6.9%
-12,185,762
-10.7%
Non-operating revenues and gains
-1,621,336
-1.2%
1,152,542
0.9%
1,976,260
1.5%
180,825
0.2%
3,689,827
3.2%
Income from continuing operations before income tax
1,688,842
1.3%
-3,214,215
-2.5%
-3,847,933
-3%
-10,006,954
-8.9%
-13,001,603
-11.4%
Net income (loss)
1,682,830
1.3%
-3,154,191
-2.4%
-3,720,682
-2.9%
-9,695,270
-8.6%
-12,903,253
-11.4%
Fully-diluted earnings per share (NT$)
0.2
0.2
*Figures are consolidated
Source: TSE, compiled by Digitimes, June 2013Innolux: Non-consolidated income statement, 4Q11 - 4Q12 (NT$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, June 2013 - Innolux Corporation (formerly Chimei Innolux) full profile
Kinsus sets 2013 capex at record NT$4.5-5 billion
Bits + chips | 2min ago
Chipbond ramping up testing capacity for advanced driver ICs
Bits + chips | 3min ago
Wintek to benefit from Google and Amazon touch panel orders
Displays | 5min ago
Connector maker UDE to benefit from games console orders
IT + CE | 12min ago
Digitimes Research: China touch panel makers expand their influence in the market
Displays | 34min ago
Taiwan market: Handset shipments in 1Q13 hit record, says IDC
Mobile + telecom | 36min ago
MediaTek-MStar merger yet to receive China approval
Bits + chips - Newswatch | 40min ago
Netronix aims to become largest e-book reader ODM in 3 years, says paper
IT + CE - Newswatch | 1h 7min ago
PCB equipment makers Csun, Ampoc 2Q13 sales to rise
Bits + chips | 1h 37min ago
Alltop expects 20-30% growth in non-notebook businesses
IT + CE | 3h 8min ago
Chipbond expects sales to peak in 3Q13
Bits + chips | 3h 11min ago
Taiwan market: Sony to launch Handycam camcorder GW88V
IT + CE | 3h 58min ago
Simplo, Dynapack approve 2012 dividends
IT + CE - Stockwatch | 4h 1min ago
Spreadtrum raises sales guidance for 2Q13
Bits + chips | 4h 8min ago
- First-tier players may release smartphones that adopt heat pipes by the end of the year
- CVIA: China to purchase 30 million TV panels from Taiwan makers
- Taiwan makers see booming orders for smartphone tablet accessories
- Taiwan IC design houses reducing exposure in NAND flash controller market
- Mixed-signal technology to dominate global chipset market: Q&A with Dialog Semiconductor CEO Jalal Bagherli
- Taiwan market: Tablet sales in 2013 to reach nearly 2 million units, says FET executive
- SPIL expanding capacity for high-end ICs
- OLED TVs to be similarly priced as LCD TVs by 2016, say observers
- ODMs promoting convertible notebooks to brand vendors
- Chunghwa Telecom breaks ground for data center in northern Taiwan
- Global output of LED light bulbs to reach 600 million units in 2013, says Epistar chairman
- Digitimes Research: Competition in the AMOLED panel industry continuing to heat up
- Wistron, Inventec unlikely to see notebook revenue proportion drop below 50% in the short term
- Acer, Asustek to continue posting losses in smartphone business
- Epistar to issue 250 million new shares for private placement
- Order visibility from BlackBerry extends to 2-3 quarters, say suppliers
- Unity Opto profits double in 2012
- Taiwan market: Vibo Telecom mulls partnership for 4G investment
- LED packaging houses face rising technological challenge
- New Csun solar manufacturing facility in Turkey opens door for maker
- Rising demand for large-size TVs beneficial to polarizer makers: Q&A with Ho Jau-yang, chairman of CMMT
- Digitimes Research: China mobile AP market to expand in 2013
- Asustek expects 10% sequential drop in 2Q13 notebook and tablet shipments
- Taiwan market: Taiwan Mobile to launch VoIP at M+
- Coolpad becomes top 3G handset vendor in China
18-Jun-2013 markets closed
| Last | Change |
| TAIEX (TSE) | 8011.02 | +18.13 | +0.23% |
| TSE electronic | 302.28 | +1.82 | +0.61% |
| GTSM (OTC) | 119.63 | +0.78 | +0.66% |
| OTC electronic | 143.95 | +0.94 | +0.66% |
- Amazon Acquires Display Maker Liquavista (May 13) - PC Magazine
- Transparent Solar-Cell Screen Charges Phone (June 14) - Discovery Channel
- Apple investigating devices with 'pressable' flexible displays (May 30) - Apple Insider
- Samsung reportedly supplying OLED displays for Google Glass (May 24) - BGR
- Meet KALQ, a faster way to type on touchscreen devices (June 11) - Dvice
- Intel could make $200 touchscreen PCs a reality (June 12) - CNN
- Sony's Waterproof Tablet Makes a Splash: Rich Jaroslovsky (June 13) - Bloomberg
- A Tablet That Doubles as a Desktop, or Vice Versa (June 12) - New York Times
- Releases
- White papers
- Bulletin
- 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: Jackie Chang, DIGITIMES, Jun 11.
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.
- 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.
Taiwan-based Chimei Group, once a major LCD panel maker, now focuses on providing upstream components...
Singapore-based Gajah International Pte Ltd (Gajah) has won several Computex 2013 Design and Innovation...
Tougher Gorilla: Q&A with Corning executive David R Velasquez
Leading cover glass manufacturer Corning has been continuing to expand its influence in the cover glass...
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...
- 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...
- Trends and shipment forecast for 2H 2012 tablet market
Digitimes Research remains conservative about the prospects for the period, with half-year shipments projected to reach 49.18 million units and whole-year shipments being revised downward to 88.69 million units.
- 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.