Innolux : 3481 TT) December 2016 Consolidated Revenues of NT$32.2 Billion 2016 Total Revenue NT$ 287.1 Billion

Innolux Corporation ('INX') today announced its December 2016 consolidated revenues. INX reported unaudited consolidated revenues of NT$32.2 billion in December 2016, an increase of 10.2% M-o-M and an increase of 21.7% Y-o-Y. During December 2016, INX shipped 10.2 million units of large-sized products, a decrease of 1.4% M-o-M. Shipments for small-and-medium-sized products were 23 million units, an increase of 13.5% M-o-M.
In the fourth quarter 2016, INX reported unaudited consolidated revenues of NT$ 89.4 billion, an increase of 9.7% Y-o-Y and an increase of 20% Q-o-Q respectively. The fourth quarter's large-sized shipments were 30.2 million units, a decrease of 0.6% over 30.3 million units shipped in the previous quarter. Shipments for small-and-medium-sized were 61.9 million units, a 1.6% increase over the 60.9 million units shipped in the previous quarter.
For the full year 2016, INX reported consolidated revenues of NT$ 287.1 billion, a 21.2% decrease over NT$ 364.1 billion in 2015. Shipments of large-sized units reached 110.7 million, a 10% decrease over the 123 million units shipped in 2015; and 224.9 million for small-and-medium-sized units, a 10.8% decrease over the 252 million units shipped in 2015.
(Units: NTD million)

	Net Sales
December 2016	32,152
November 2016	29,167
M-o-M Growth	+10.2%
December 2015	26,424
Y-o-Y Growth	+21.7%
4Q 2016	89,382
3Q 2016	74,485
Q-o-Q Growth	+20%
2016	287,089
2015	364,133
Y-o-Y Growth	-21.2%

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.