Electrical Equipment / Components & Telecoms

Innolux, a large panel manufacturer in Taiwan, will hold a regular shareholder meeting on June 24. During the period, in addition to the re-election of directors, which has attracted much attention in the industry, that is, the major shareholder Hon Hai's legal representatives have all withdrawn from the board of directors, Innolux will also revise the company's articles of association, adding " The "Semiconductor Packaging and Testing Foundry Business Products" business item shows that its entry into the "panel-level fan-out packaging" business has now reached a certain scale, so semiconductor packaging and testing is officially included in the business item.

At present, the panel industry is experiencing a downturn. In the first half of this year, consumer electronics market demand continued to be sluggish. Domestic terminal brands have revised down their annual shipment targets for TVs, PCs, smartphones and other products, and the market demand for various displays has also declined significantly. . According to the statistics of Jiwei.com, the TV industry has declined by about 30%, the PC industry is 10%-20%, and the smartphone industry is 30%.

Innolux chose to incorporate semiconductor-related business into its business projects at this time, which highlights its determination to actively activate old-generation panel factories and enter the semiconductor packaging and testing foundry market. With the gradual development of its business, Innolux is expected to borrow semiconductors in the future. The business opens a new layout.