BLU maker Coretronic reports declined profits for 1Q12

Siu Han, Taipei; Steve Shen, DIGITIMES Asia 0

Backlight unit (BLU) maker Coretronic saw its net profits drop 40.8% on quarter and 64.3% on year to NT$239 million (US$8.15 million) in the first quarter of 2012 due largely to weak demand for BLUs from the TV sector, according to the company.

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