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on July 9th

AUO and INNOLUX saw a slight decrease in revenue in June compared to the previous month, while both revenue increased in Q2

On July 9th, Panzer Shuanghu AUO and InnoLux released their financial reports for June. AUO's self closing and consolidated revenue in June was NT $25.22 billion, a decrease of 0.5% per month and an increase of 9.9% per year; InnoLux's consolidated revenue in June was 18.7 billion yuan, a monthly decrease of 0.7% and an annual decrease of 3.1%.


AUO's combined revenue in the second quarter was 74.33 billion yuan, an increase of 25% from the first quarter and 17.4% from the same period last year. The total shipment area of panels in June reached 2.046 million square meters, an increase of 10.3% compared to May and 1.4% compared to the same period last year. The total shipment area of panels in the second quarter reached 5.568 million square meters, an increase of 5.1% compared to the first quarter and a decrease of 2.4% compared to the same period last year.

InnoLux's consolidated revenue in the second quarter was 56.9 billion yuan, an increase of 12.6% from the first quarter and 3.2% from the same period last year. The combined shipment volume of large-sized panels in June was 9.62 million pieces, a decrease of 7.3% compared to May; The combined shipment volume of small and medium-sized panels reached 20.6 million pieces, an increase of 23.4% compared to May. The combined shipment volume of large-sized panels in the second quarter totaled 30.06 million pieces, an increase of 17.9% compared to the first quarter; The combined shipment volume of small and medium-sized panels in the second quarter was 54.85 million pieces, a decrease of 18.6% compared to the first quarter.

It is understood that TV panel prices have remained stable in June after rising for five consecutive months since January this year. Research firm Jibang Technology stated on July 6th that it is expected that 32 inch, 50 inch, and 55 inch TV panels will all fall by $1 in July.

Fan Boyu, Deputy General Manager of Research at Jibang Technology, stated that after entering July, the overall demand for TV panels has slowed down. Despite the poor results of the 618 promotion, most brand customers have slowed down their procurement pace, hoping to gain more room for negotiation on procurement prices, in order to facilitate the upcoming peak promotion season in the second half of the year.
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