Innolux expects Ultra HD TV panel shipments to make up about 5-10% of the company's overall TV panel shipments in the third quarter of 2013, according to company president JC Wang.

　　Ultra HD panels made up less than 5% of the company's overall TV panel shipments in the second quarter but are expected to pick up through August and September largely due to TV vendors in China preparing for the October 1 holiday period, said Wang.

　　However, Wang said he is conservative about the company's outlook in the third quarter due to high TV panel reserves in China and lacking demand in Europe. He also said that notebook panel shipments are expected to decline on quarter.

　　Innolux's combined net sales for the second quarter 2013 amounted to NT$111.51 billion (US$3.72 billion), a decrease of 4.5% over the previous quarter's NT$116.77 billion due to termination of the company's touch panel lamination business. Without the influence from lamination business termination, second-quarter 2013 revenues increased 8.1% over the previous quarter. Gross profit was NT$13.78 billion, for a gross margin of 12.4%. Operating profit totaled NT$8.06 billion with an operating margin of 7.2%. Net profit attributable to the shareholders of the parent company amounted to NT$4.07 billion, with an EPS of NT$0.45, the company said.