The two most important panel manufacturers which we call “Double Tiger’s” November revenue was released, and its November revenue performance was flat due to the stability of panel prices and a slight recovery in production delivery. AUO (2409) consolidated revenue in November was NT$17.48 billion, up 1.7% month-on-month and down 43.4% year-on-year. Innolux (3481) had consolidated revenue of about NT$16.2 billion in November, up 4.6% month-on-month and down 39.1% year-on-year.
AUO announced self-settled consolidated revenue of NT$17.48 billion for November 2022, an increase of 1.7% from the previous month and a decrease of 43.4% from the same period last year. The total shipment area of panels in November reached 1.503 million square meters, an increase of 17.3% over October
Innolux’s self-consolidated revenue in November was NT$16.2 billion, up 3.6% from the previous month and down 39.1% from the same period last year. Consolidated shipments of large sizes totaled 9.17 million units in November, up 4.6% from the previous month, and consolidated shipments of small and medium-sized sizes totaled 19.75 million units, down 9.8% from the previous month.