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Winning portfolio! Taiwan Panel Makers Profit in Q1

By Korbin Lan
Published: May 07,2014

TAIPEI, Taiwan-Taiwan panel makers Innolux and AUO have reached profitability in the first quarter, ahead of South Korea panel companies, benefited from three high value-added products:4K2K TV, low-end smart phones and automotive panel; On the contrary, South Korea panel makers have plunged into a loss, effected by Apple and Samsung’s high-end smart phone shipments slowdown.

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Since Innolux and AUO took the lead on 4K2K technology, plus that surged in demands of 4K2K TV in the first quarter of this year, driven this two Taiwan panel makers significantly improved their profitability, especially under the situation that South Korea companies do not have mature 4K technology.

Another advantage for two Taiwanese panel makers is the booming of China low-cost smartphone market. In terms of vehicle panels, AUO and Innolux were adopted by Germany, Japan and the United States car brands, also created another new market.

In different situations from Taiwan, South Korean LG Display and Samsung Display Company are subject to high-end smartphones slowdown impact, especially Samsung’s high-end OLED phone, growth rate has slowed down significantly.

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