Coretronic boosts TFT-LCD module shipment

Coretronic Corp. is targeting a shipment of 14.7 million TFT-LCD backlight modules this year. It is expecting sales to increase by 24 percent in the second quarter to $328.95 million from last quarter's $266.15 million.

In addition, the company will set up a new backlight module facility in Nanjing. The plant will begin mass production in the fourth quarter of the year. It also considers shifting its backlight module production in mainland China, while maintaining the production of its LCD TV backlight modules in Taiwan.

Coretronic is the current backlight module supplier of Toppoly Optoelectronics Inc. and HannStar Display Corp.