Amid sluggish iPhone sales, Samsung Electronics and Chinese smartphone brands have begun to take advantage of this gap and expand their inventory of smartphones and OLEDs to seize market shares. This drove the utilization rates of OLED production lines for mid-to-low-end smartphones at Samsung Display (SDC), BOE, TCL CSOT, and other manufacturers.
Despite sluggish growth, the global TV industry is witnessing a surge in demand for extra-large screens, driven primarily by the Chinese market's appetite for 100-inch TVs. This trend not only helps alleviate panel production constraints but also underscores the dominance of key brands.
Sharp is reportedly talking to the Indian government about a plan to set up a 10G display plant in India, which may be the first display fab and is likely eligible for the semiconductor incentive scheme.
Amid the competition between Cholesterol Liquid Crystal Display (ChLCD) and Electrophoretic Display (EPD) in the e-paper display market, AU Optronics (AUO) is betting on both technologies, eyeing potential markets for its solutions.
Taiwan's LED leader Ennostar will adopt a "3+1" strategy to meet the transformation challenges ahead and will collaborate closely with panel maker AU Optronics (AUO) and MicroLED expert PlayNitride to create a "dream team" dedicated to pioneering advanced MicroLED displays, according to Paul Peng, chairman of both AUO and Ennostar.
Taiwan's largest 375-inch curved interactive miniLED display, the "Wishing Tree," is stealing the show at the Touch Taiwan 2024 held April 24-26 at the Taipei Nangang Exhibition Center.
E-Ink Holdings (EIH) anticipates clearing its electronic shelf label (ESL) inventory by the second quarter, followed by stronger demand in the third quarter. The e-paper giant maintains a positive outlook for 2024, fueled by the transition to color in e-book readers and e-paper notebooks.
LG Display (LGD) reported a year-on-year improvement in revenue and operating losses for the first quarter of this year. The firm aims to return to profitability in the second half of the year with a focus on high-end OLED products and the potential sale of its Guangzhou plant.
Managing Director of the Merck Group in Taiwan, John Lee, said that while Apple's decision to halt its MicroLED development is significant, it might open more doors for MicroLED manufacturers in Taiwan, who are actively exploring the technology, as they are not confined to a single application anymore.
Innolux and AUO stated that the panel industry has bottomed out in the first quarter of 2024 and they are projecting double-digit revenue growth from their automotive applications.
AUO and Innolux are optimistic about the future of MicroLEDs despite Apple's abortion of its MicroLED smartwatch project. The two firms believe the act opened up even more technological opportunities for MicroLEDs.
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