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innolux corp (3481) Details

Innolux Corporation produces and sells TFT-LCD panels modules, open cells, and touch panels for information and consumer electronics manufacturers worldwide. The company offers panels for televisions, desktop monitors, and notebook PCs, as well as for small and medium size, industrial and medical display, automotive and avionics display, tablet/hybrid solution, smart phone/mobile, and consumer electronics applications. It also provides various touch panels, including glass/glass, glass/film/film, and one glass capacitive touch panels. The company was formerly known as Chimei Innolux Corporation and changed its name to Innolux Corporation in December 2012. Innolux Corporation was founded in 2003 and is headquartered in Miaoli County, Taiwan.

Founded in 2003

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innolux corp (3481) Key Developments

Innolux Corporation Announces Unaudited Consolidated Revenues Results for the Month and Second Quarter Ended June 2016

Innolux Corporation announced unaudited consolidated revenues results for the month and second quarter ended June 2016. For the month, the company reported revenues of TWD 23.4 billion, an increase of 3.8% month over month and a decrease of 22.5% year over year. For the quarter, the company reported revenues of TWD 66.8 billion, a decrease of 28.7% year over year and an increase of 18.4% quarter over quarter respectively.

Innolux Corporation Approves Dividend Distribution, Payable on August 16, 2016

Innolux Corporation approved appropriations of earnings in cash dividends to shareholders of TWD 0.19999922 per common share. Ex-rights (ex-dividend) record date was July 17,2016. The pay day of the cash distribution will be August 16, 2016. Ex-rights (ex-dividend) trading date was July 11, 2016.

Innolux Corporation Announces New Appointments to its Audit Committee Effective Date July 1, 2016

Innolux Corporation announced that Bo-Bo Wang, Independent Director of INX; Chi-Chia Hsieh, Independent Director of INX; Yuk-Lun Yim, Independent Director of INX are appointed as members of the Audit Committee of the company effective date July 1, 2016.

 

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Valuation 3481 Industry Range
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TEV/Sales 0.1x
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