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Innolux Gears to Surpass Samsung to No.2 Panel Company

By Korbin Lan
Published: Jun 26,2014

TAIPEI, Taiwan- Hon Hai Group Chairman Terry Gou said on Wednesday, Innolux is now the world's third largest panel company, will try to surpass Samsung to become the world's second.

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Currently, in the global panel industry, South Korea LG Display (LGD) is ranked first place, second place is Samsung, Innolux as a third.

Gou said that LCD panel is a strategic product of Hon Hai group, now Innolux is the third firm of the market share of the global panel industry, and he wish a few years later, Innolux could become the second panel provider in the world.

He pointed, the capacity utilization rate of Sharp 10th generation plant has raised to eighty percent to ninety percent, hopes to reach high profit this year.

In addition, in order to keep its market leading position, Hon Hai Group announced yesterday has filed a patent infringement lawsuit of TFT-LCD on Toshiba, Funai and Mitsubishi in the U.S. District Court of Delaware.

Hon Hai noted that these patents are part of their global patent portfolio on display, is widely used in various display panel, included television, notebook, tablet, mobile phones and so on.

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