1.Date of occurrence of the event:2022/02/24
2.Company name::HannStar Display Corporation
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):head office
4.Reciprocal shareholding ratios: N/A
5.Cause of occurrence:
According to the value-in-use assessment of the company's European subsidiary
company, the recoverable amount is less than the book value. Therefore,
the company and its subsidiaries recognized asset impairment losses of
NT$179,292 thousand in the 2021 financial statements in accordance with the
International Accounting Standards Bulletin No. 36.
6.Countermeasures: N/A
7.Any other matters that need to be specified:
This asset impairment is a non-cash impairment and has no impact on the
company's operating income and cash flow.
