Coretronic Aims to Mass Produce Mini LED Displays in 2019

The Taiwanese backlight module and projector producer Coretronic held the earnings conference call of Q2 on July 24th and claimed that the company’s business has not been influenced by the tariff imposed by the U.S. government.

With the growth of shipment and the enhancement of production efficiency, the Q2 revenue of Coretronic came to NT$13.94 billion (US$ 455.82 million), with an increase of 13% QoQ and 17% YoY. The company expects to boost the shipment of backlight module and EMS by two digits in Q3.

Sarah Lin, President of Coretronic, said the company will continue to improve its core technologies and to provide diversified displays targeting the high value markets including automotive application, gaming display and others. It is expected that the business will grow steadily as the peak quarter is approaching.

Regarding the development of Mini LED technology, Lin noted that Coretronic has been working with projects based on the demands of clients and might be able to mass produce Mini LED products next year.

(Image: Coretronic)

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein

Proprietary Rights

You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.