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CPT and HannStar see LCD revenues up more than 30% in February

Post Time:Mar 13,2009Classify:Industry NewsView:348

Taiwan second-tier TFT-LCD panel makers Chunghwa Picture Tubes (CPT) and HannStar Display saw stronger growth in February revenues than first-tier makers on a monthly basis due to rush orders.

CPT and HannStar both had over 30% sequential increase for their LCD business last month, during which AUO had an almost 17% growth and CMO a 18% increase.

CPT has announced that its unaudited consolidated revenues for February totaled NT$3.38 billion (US$98.26 million), with a 29% increase on month, but a 74% decrease on year. Revenues of CPT's TFT business unit for February increased 35% sequentially to NT$2.76 billion, which represents a decrease of 77% on year.

Due to reorganization of its business units, CPT's February shipments of large-size panels for netbooks, notebooks, monitors, and TVs totaled 1.2 million units, up 90.2% sequentially, but down 47% annually. Shipments of small- and medium-size panels increased 46% sequentially to 5.2 million units. CPT last month separated the netbook segment from the small- to medium-size business, and included it in the large-size business.

For the CRT business unit, CPT's February revenues increased 9% sequentially to NT$620 million. CRT shipments for February were 657,000 units, up 8% sequentially.

HannStar saw a 30.6% increase in its February revenues to NT$1.63 billion, which represents a 72.7% decrease on a yearly basis. Accumulated revenues from January to February totaled NT$2.88 billion.

February shipments including large-size monitor panels and HannsG monitors reached 288,000 units, a decrease of 15.7% on a monthly basis. Medium-size panels shipments reached 1.26 million units, an increase of 45.8% sequentially.

HannStar Display: February 2008 - February 2009 revenues (NT$m)

Month

Sales

M/M

Y/Y

YTD

Y/Y

Feb-09

1,629

30.6%

(72.7%)

2,877

(76.8%)

Jan-09

1,247

144.3%

(80.5%)

1,247

(80.5%)

Dec-08

511

(74.1%)

(91.9%)

60,322

(29.2%)

Nov-08

1,974

(36.5%)

(75.3%)

59,812

(24.1%)

Oct-08

3,106

(41.4%)

(62.8%)

57,838

(18.4%)

Sep-08

5,303

10.4%

(37.3%)

54,732

(12.4%)

Aug-08

4,805

(2.9%)

(43.2%)

49,429

(8.6%)

Jul-08

4,948

(23.5%)

(41.2%)

44,624

(2.1%)

Jun-08

6,466

(8.7%)

(15.3%)

39,676

6.7%

May-08

7,083

3%

(0.2%)

33,210

12.4%

Apr-08

6,876

(0%)

7%

26,127

16.4%

Mar-08

6,877

15%

26.9%

19,251

20.1%

Feb-08

5,978

(6.6%)

22.9%

12,375

16.7%

*Figures are not consolidated
Source: TSE, compiled by Digitimes, March 2009

CPT: February 2008 - February 2009 revenues (NT$m)

Month

Sales

M/M

Y/Y

YTD

Y/Y

Feb-09

2,741

37.4%

(76.9%)

4,735

(80.5%)

Jan-09

1,994

(28.9%)

(83.9%)

1,994

(83.9%)

Dec-08

2,803

(28%)

(77.6%)

100,383

(30.3%)

Nov-08

3,896

(27.4%)

(72.3%)

97,579

(25.8%)

Oct-08

5,368

(26.9%)

(63.7%)

93,684

(20.2%)

Sep-08

7,345

0.2%

(49%)

88,316

(13.9%)

Aug-08

7,331

11.4%

(48.8%)

80,970

(8.2%)

Jul-08

6,580

(27.3%)

(51.4%)

73,639

(0.3%)

Jun-08

9,051

(17.8%)

(26.1%)

67,059

11.2%

May-08

11,015

1.2%

(7%)

58,009

20.7%

Apr-08

10,885

(8.2%)

13.5%

46,994

29.7%

Mar-08

11,858

0.1%

22.7%

36,109

35.5%

Feb-08

11,850

(4.5%)

46.7%

24,251

42.8%

*Figures are not consolidated
Source: TSE, compiled by Digitimes, March 2009

Source: DIGITIMESAuthor: shangyi

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