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NEWS TAGGED NOVATEK
Wednesday 7 February 2024
Novatek sees OLED DDIs to become growth engine for 2024
Display driver IC (DDI) specialist Novatek Microelectronics anticipates that revenue growth will be driven by OLED DDI sales this year. Additionally, the company is targeting a bigger...
Friday 8 December 2023
Novatek to supply OLED DDIs for iPhones say sources
Novatek Microelectronics, with its OLED display driver ICs (DDI), has entered the supply chain for Apple's iPhones that are set to be released in 2024, according to industry source...
Wednesday 8 November 2023
Novatek expects sales growth in 2024
Display driver IC (DDI) specialist Novatek Microelectronics expects sales across all market applications to register growth in 2024, with shipments resuming their typical business...
Tuesday 15 August 2023
IC design houses brace for weak 2H23
Given the rising uncertainty in end-market demand, many Taiwanese IC design companies are bracing for a particularly weak second half of 2023, according to industry sources.
Wednesday 9 August 2023
Novatek reports stellar Q2 financial report yet conservative Q3 forecast
Novatek Microelectronics, a major player among display driver IC (DDI) companies in Taiwan, reported impressive Q2 results, approaching the higher end of prior financial forecasts...
Tuesday 8 August 2023
DDI suppliers uncertain about 2H23 demand prospects
Display driver IC suppliers experienced a surge in short-lead-time orders in the second quarter, but it is uncertain whether this trend will continue into the second half of the year,...
Tuesday 18 July 2023
Fab toolmakers see orders contract
Semiconductor equipment suppliers are experiencing a decline in customer orders, which may limit their growth in the second half of this year, according to industry sources.
Tuesday 18 July 2023
Automotive DDI demand prospects improving
Automotive display driver IC (DDI) demand has been affected by the instability in the Chinese auto market and significant output cutbacks by automakers in the first half of 2023,...
Friday 7 July 2023
Novatek 2Q23 sales performance meets guidance
Taiwan-based display driver IC (DDI) vendor Novatek Microelectronics has delivered robust sales for June and the second quarter of this year, with both figures meeting the high-end...
Wednesday 21 June 2023
Taiwan makers take lead in global automotive DDI market
Taiwanese display driver IC (DDI) companies captured nearly 85% of the global automotive DDI market in 2022, according to the research agency Omdia.
Thursday 8 June 2023
Novatek, Realtek May performance meet market expectations
Display driver IC specialist Novatek Microelectronics and Network IC vendor Realtek Semiconductor have reported May revenues that meet market expectations.
Wednesday 10 May 2023
Novatek expects modest sales growth in 2Q23
Display driver IC specialist Novatek Microelectronics expects its revenue to grow slightly in the second quarter of 2023 compared to the previous quarter, thanks to customer replenishment...
Tuesday 11 April 2023
Novatek 1Q23 revenue beats guidance
Display driver IC (DDI) specialist Novatek Microelectronics has reported revenue increased 7.3% sequentially to NT$24.05 billion (US$789.3 million) in the first quarter of 2023, which...
Tuesday 28 March 2023
Major Taiwan IC design houses vary strategies amid slowdown
Major Taiwan-based IC design houses such as MediaTek, Novatek Microelectronics, Realtek Semiconductor, Elan Microelectronics, Parade Technologies, and Global Mixed-mode Technology...
Monday 27 March 2023
Novatek, Sitronix to hike DDI quotes by 10-15% in April
Taiwan's main display driver IC (DDI) suppliers, including Novatek Microelectronics and Sitronix Technology, are set to raise their quotes for some new offerings by 10-15% starting...
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