CMI reports strong sequential revenue gains for February

   Date:2012-03-12

Chimei Innolux (CMI) has reported consolidated revenues of NT$32.79 billion (US$1.11 billion) for February, up 19.6% on month but down 0.2% on year.

Shipments of large-size LCD panels rose 26.1% sequentially to 11.09 million units in February, while shipments of small- to medium-size panels gained 22.4% to 30.59 million units during the same period, the company said.

For the first two months of 2012, revenues amounted to NT$68.48 billion, decreasing 11.9% from a year earlier, according to a company filing with the Taiwan Stock Exchange (TSE). 

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