Coretronic expects 1Q15 BLU shipments to drop
Rebecca Kuo, Taipei; Adam Hwang, DIGITIMES [Thursday 12 February 2015]
Coretronic expects its backlight unit (BLU) shipments in the first quarter of 2015 to decrease by about 15% sequentially due to off-season effects and fewer working days arising from 2015 Lunar New Year holidays in late February, the company has indicated.
Coretronic shipped 23.454 million BLUs in fourth-quarter 2014 slipping 11% sequentially, and 2014 BLU shipments totaled 92.95 million, up 20% on year, it said at an investors conference on February 11. In terms of applications, TVs accounted for 6% of fourth-quarter 2014 shipments, monitors 25%, notebooks 33% and tablets 32%.
Coretronic also shipped 283,000 DLP projectors in fourth-quarter 2014, falling 13% sequentially, the company indicated. It shipped 1.163 million DLP projectors in 2014, up 15% on year.
Coretronics' fourth-quarter 2014 consolidated revenues reached NT$19.35 billion (US$629 million).
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Coretronic: Financial report, 4Q14 (NT$m)
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Item
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4Q14
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Q/Q
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Y/Y
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2014
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Y/Y
|
|
Consolidated revenues
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19,351)
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(10.7%)
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(5.6%)
|
81,178
|
11.6%
|
|
Gross margin
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13.53%
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(0.69pp)
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(1.77pp)
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13.92%
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(0.44pp)
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|
Net operating profit
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609
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(44.7%)
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(40.9%)
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3,404
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30.9%
|
|
Net profit
|
600
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(44.4%)
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(18.1%)
|
3,005
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49.0%
|
|
Net EPS (NT$)
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1.01
|
|
|
5.23
|
|
Source: Company, compiled by Digitimes, February 2015
Recommended article: Chomsky: We Are All – Fill in the Blank.
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