Innolux slips into the red in 2Q22
Panel maker Innolux swung to losses in the second quarter of 2022, ending a streak of seven quarterly profits......»»
InnoCare leads in X-ray FPD segment
InnoCare Optoelectronics, a subsidiary of Innolux focusing on developing flat panels for medical applications, has claimed that it maintains a leading position in the X-ray flat panel detector (FPD) segment with a nearly 50% market share......»»
Taiwan panel, BLU makers growing non-panel businesses
Taiwan-based panel makers AU Optronics (AUO) and Innolux and backlight unit (BLU) supplier Coretronic have been keen on developing non-panel businesses, expecting related new businesses to start contributing significantly to their revenue growth......»»
Innolux dismisses closing module assembly lines in China
LCD panel maker Innolux has dismissed Chinese online media reports indicating that it has closed at least 50 module assembly lines at its plant in Ningbo, China, with 20% of the factory's workers being laid off......»»
Taiwan panel makers keen on diversifying production sites
In the face of geopolitical uncertainty, Taiwan-based panel manufacturers, such as AUO and Innolux, are diversifying their manufacturing bases......»»
AUO, Innolux cautious about spending in 2023
Major Taiwan-based display panel makers AU Optronics (AUO) and Innolux, having racked up heavy losses in 2022, are cautious about spending in 2023, although panel prices are showing signs of recovery......»»
Innolux sees collaboration with Vedanta as critical to transformation
Innolux is pushing ahead with the second phase of its double-pronged transformation by partnering with the India-based Vedanta Group, having reached a milestone in its first phase of the established policy, according to company chairman Jim Hung......»»
Hyundai, Kia, Subaru sales advance 7th straight month; Toyota slips
U.S. light-vehicle sales are forecast to rise 3.9 to 7.2 percent in February, analysts say, with sharply higher fleet deliveries once again offsetting flat retail volume......»»
Hyundai, Kia sales advance 7th straight month; Toyota slips
U.S. light-vehicle sales are forecast to rise 3.9 to 7.2 percent in February, analysts say, with sharply higher fleet deliveries once again offsetting flat retail volume......»»
Polarizer maker CMMT eyeing orders from India
Polarizer manufacturer Cheng Mei Materials Technology (CMMT) may land orders from India's panel industry supply chain now that its primary customer, Innolux, has decided to build up panel production facilities in India in cooperation with a local com.....»»
India roundup: Innolux signs technology transfer agreement with Vedanta
Taiwan-based panel provider Innolux agrees to give a hand in India's development of LCD technology and manufacutring. However, Tata's low yield in manufacturing iPhone cases is a warning sign that 'Make in India' will be a long journey......»»
AutoNation developing 20 more used-only stores; net income slips 26%
AutoNation said it has 20 additional AutoNation USA used-vehicle-only stores under development, with at least half that number slated to open in the next 12 months......»»
AutoNation Q4 net income slips 26% while revenue rises 1.7%
AutoNation's new-vehicle retail sales increased 4.3 percent in the quarter compared with the year-earlier period, but used-vehicle retail sales dropped 9.2 percent......»»
Innolux signs LCD technology transfer agreement with India-based Vedanta
Innolux has signed a TFT-LED technology transfer contract with India-based Vedanta Group to help the Indian company build up LCD panel backend production facilities, targeting local and emerging markets......»»
GM Financial profit slips in Q4 as interest rates rise
General Motors' captive lender said it experienced the effects of lower net leased vehicle income and higher interest costs......»»
Tesla Autopilot slips in driver assistance ratings
Tesla's advanced driver assistance system Autopilot fell in a ranking of 12 major systems, Consumer Reports said......»»
Innolux liquid crystal extraction process reduces procurement expenses by US$14 million
TFT-LCD panel maker Innolux has undertaken zero-waste and zero-pollution automation of its liquid crystal extraction process, according to the company......»»
LCD TV panel prices likely to rebound in 2Q23, says Innolux president
Prices for LCD panels for TVs stand a chance of slowly rising in the second quarter of 2023, according to president James Yang for Innolux......»»
Innolux, Giantplus post mixed results for 2022
Panel makers Innolux and Giantplus have reported mixed results for 2022. Innolux experienced an over 30% revenue decline, while Giantplus, specializing in small- and medium-size panels, generated slight revenue growth......»»
Innolux cuts into supply chain of primary car vendors
Innolux, along with subsidiary CarUX, has cut into the supply chain of many significant car vendors, including BMW, Tesla, Volkswagen, General Motors (GM), Audi and Geely Auto......»»
Taiwan-based LCD panel makers target smart applications
Global factors have had a major impact on LCD panel demand in 2022, causing industry players to expect demand to remain weak through the first half of 2023. Taiwan-based LCD panel makers such as AU Optronics (AUO) and Innolux are making moves to boos.....»»