RiTdisplay and Univision PMOLED sales drop

Both RiTDisplay and Univision reported their financial results for Q3 2004, and both companies report a drop in PMOLED shipments and sales.

RiTDisplay sales dropped 37% (compared to Q3 2003) to NT$379 million, due to excessive handset inventory in China. Univision's sales dropped 28% to NT$80 million, mainly due to declining shipments caused by a tight supply of OLED driver ICs.

Posted: Dec 01,2004 by Ron Mertens