Panel maker Chimei Innolux (CMI) on May 3 reported its financial report for the first quarter of 2011, posting consolidated revenues of NT$124.327 billion (US$4.18 billion), gross margin of negative 5.33%, net operating loss of NT$13.547 billion, net loss of NT$13.804 billion and net loss per share of NT$1.89.
However, CMI expects its operation to rebound from the first-quarter bottom and prices for large-sized panels to rise in the second quarter.
Of the first-quarter net sales, 37%, 29%, 6% and 23% came from TV, monitor, notebook and small- to medium-size applications, respectively.
| CMI: Shipments, 1Q11 |
| | Shipments (m units) | Q/Q | ASP (US$) |
| Large-sized | 32.27 | (4.07%) | 101 |
| Medium- to small-sized | 101.4 | (17.63%) | 9.7 |
Source: Company, compiled by Digitimes, May 2011
| CMI: Percentage breakdown by size, 1Q11 |
| S (size, inch) | Percentage |
| S ≤ 10 | 24% |
| 10 < S ≤ 20 | 22% |
| 20 < S ≤ 30 | 24% |
| 30 < S ≤ 40 | 18% |
| S > 40 | 12% |
Source: Company, compiled by Digitimes, May 2011