Innolux forecasts price rebound - Taipei Times
Flat-panel maker Innolux Corp (群創) yesterday said that TV panel prices would likely bottom out next quarter, as stronger-than-expected TV sales during the holiday season are depleting inventory and paving the path for a rebound in the middle of next year. “We have heard good news lately. TV sales during China’s Singles’ Day shopping season looked good. In the US and Europe, TV sales also rose during the Thanksgiving and Black Friday holidays,” Innolux president James Yang (楊柱祥) said. Aside from strong TV sales, corporate demand for panels used in information technology devic...