Innolux announced that it is going to increase capital expenditure to N$$30 billion to NT$40 billion (US$985.7 million to US$1.3 billion; US$1=NT$30.436) in 2015—almost doubling its spending of around NT$19 billion this year—in order to boost TV panel production capacity by 2016, reported Economic Daily News on October 31. The company's major investment plans for 2015 include expansion of G6 and G8.5 plants using a-Si technology as well as small and medium-sized HD panels based on IGZO (Indium Gallium Zinc Oxide) technology. Innolux said that its capacity utilization has been at a high level this quarter, with stronger shipments of large-area panels than small and medium-sized ones.