Panel maker Innolux reported yesterday (November 13) that third-quarter net earnings reached 76.91 billion Taiwan dollars, up 69.73% quarter-over-quarter and 114 times year-over-year, with earnings per share of 0.96 yuan. Year-to-date net earnings totaled 138.52 billion Taiwan dollars, up 50 times year-over-year, with EPS of 1.73 yuan. The company has achieved profitability for five consecutive quarters.

Looking ahead to Q4, Innolux expects panel market demand to continue moderating as the industry enters its seasonal low period and brand customers reduce purchasing momentum. The company projects non-display segment revenue will remain flat compared to Q3, while commercial display revenue will decline 15–19% quarter-over-quarter and consumer display revenue will decline in the low single-digit percentage range.

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