Innolux : 3481 TT) December 2017 Consolidated Revenues of NT$27 Billion

Innolux Corporation ('INX') today announced its December 2017 consolidated revenues. INX reported unaudited consolidated revenues of NT$27 billion in December 2017, a decrease 1.1% M-o-M and a decrease of 15.9 % Y-o-Y. During December 2017, INX shipped 10.58 million units of large-sized products, a decrease of 0.2 % M-o-M. Shipments for small-and-medium-sized products were 25.89 million units, an increase of 9.4 % M-o-M.
In the fourth quarter 2017, INX reported unaudited consolidated revenues of NT$ 79.1 billion, a decrease of 11.5% Y-o-Y and a decrease of 0.5% Q-o-Q respectively. The fourth quarter's large-sized shipments were 30.52 million units, an increase of 2.8% over 29.69 million units shipped in the previous quarter. Shipments for small-and-medium-sized were 73.7 million units, a 3.1% decrease over the 76.06 million units shipped in the previous quarter.
For the full year 2017, INX reported consolidated revenues of NT$ 329.2 billion, a 14.7% increase over NT$ 287.1 billion in 2016. Shipments of large-sized units reached 116.19 million, a 5% increase over the 110.69 million units shipped in 2016; and 270.78 million for small-and-medium-sized units, a 20.4% increase over the 224.88 million units shipped in 2016.
(Units: NTD million)

	Net Sales
December 2017	27,045
November 2017	27,350
M-o-M Growth	-1.1%
December 2016	32,152
Y-o-Y Growth	-15.9%
4Q 2017	79,132
3Q 2017	79,507
Q-o-Q Growth	-0.5%
2017	329,174
2016	287,089
Y-o-Y Growth	+14.7%

Notes:
1. All revenue and shipment figures are unaudited, prepared by Innolux Corporation.
2.Innolux Corporation consolidated revenue includes revenues from other TFT-LCD related subsidiaries in which Innolux Corporation has 50% or more ownership. Inter-company transactions between Innolux Corporation and these companies have been already deducted to avoid double-counting.