AU Optronics (AUO), Innolux and HannStar Display have all reported their LCD panel shipments slipped sequentially in July.
AUO shipped panels totaling 1.301 million square meters in July, dropping 17.9% on month.
Innolux shipped 8.25 million large-size panels and 22.97 million small- to medium-size ones in July, declining 26.2% and 24.4% respectively on month.
In July, HannStar shipped 35.614 million small- to medium-size panels, dipping 13.8% on month, and 94,000 monitor-use panels and own-brand Hannspree LCD monitors, falling 30.5% on month.
AUO's July consolidated revenues reached NT$17.431 billion (US$584 million), decreasing 15.76% sequentially and 47.73% on year, and those of NT$161.843 billion for January-July slipped 23.64% on year.
Innolux's July consolidated revenues of NT$15.760 billion shrank 18.28% sequentially and 51.13% on year and those of NT$143.548 billion for January-July dropped 31.42% on year.
HannStar's July consolidated revenues reached NT$1.356 billion, down 9.91% sequentially and 41.94% on year, and those of NT$10.804 billion for January-July declined 40.92% on year.
Small- to medium-size LCD panel and module maker Giantplus Technology reported consolidated revenues of NT$891.2 million for July, falling 6.36% sequentially and 0.09% on year, and those of NT$6.087 billion for January-July grew 5.43% on year.
Giantplus recorded consolidated revenues of NT$5.195 billion, gross margin of 10.29%, and net profit of NT$319.0 million for first-half 2022.