Innolux Display, a Taiwan-based LCD panel and system manufacturer, indicated that the utilization rate at its G5 TFT LCD fabrication plant increased to 80-90%, a marked improvement from 50-60% at the end of 2008. What happened? Demand for LCD panels geared toward LCD monitors increased in Q4’08. Internal demand for LCD panels manufactured by Innolux is about 30%.
Innolux’s shipments of LCD monitor sets in January and February totaled 2 million units. The company expects LCD monitor set shipments to significantly grow to three million units in March.