Chimei Innolux (CMI) has reportedly decided to recognize the price-fixing fine of EUR300 million (US$396.3 million) levied by the European Commission in its fourth-quarter 2010 balance sheet, and is expected to report a loss for the year.

CMI posted a net profit of NT$9.29 billion (US$307 million) for the first three quarters of 2010, and although losses are expected in the fourth quarter, market sources were still expecting CMI to remain profitable for the whole year. However, the EUR300 million fine is not covered by the NT$7.1 billion CMI set aside to cover the potential fines.

Meanwhile, despite possible losses in the fourth quarter, AU Optronics (AUO) is expected to remain profitable for the whole year as the company previously set aside funds to cover the potential fine.

AUO reported a net profit of NT$18.16 billion for the first three quarters of 2010, hence even with an expected loss in the fourth quarter and the fine, AUO will still be able to remain profitable for the year.

Chunghwa Picture Tubes (CPT) and HannStar Display both reported losses for the third quarter, and with the overall economic situation and panel prices in the fourth quarter, as well as the fine, CPT and HannStar are expected to report losses for the whole year.

CPT posted a net loss of NT$9.67 billion for the first quarters of 2010, and HannStar a net loss of NT$3.54 billion.