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May 10, 09:42
Apple said to have signed pact with Samsung Display for foldable devices
Apple reportedly has struck an agreement with South Korean panel supplier Samsung Display (SDC) for the development of foldable devices, according to speculation from the supply chain, according to industry sources.
To take advantage of the rebound in the global monitor market in 2024, companies such as Samsung Electronics and LG Electronics are targeting high-performance, gaming, and AI demands by launching new monitor products to accelerate their market penetration.
Latest reports indicated that Apple is developing a new iteration of its mixed reality (MR) headset Vision Pro but it may not be available until the end of 2026 at the earliest.
Rumors have been around in the electric vehicles market, with Tesla's Cybertruck recently facing a recall, causing a temporary slowdown in supply chain deliveries. It is anticipated that deliveries will resume in the third quarter.
Besides being a key supplier for Apple's IT products, leading backlight module manufacturer Radiant Opto-electronics has been actively expanding into the telematics market in recent years. It is anticipated that the order quantity and revenue will significantly increase by 2026, reaching a peak by 2028 and expected to extend until 2030.
TV panel prices may come under pressure in May, with LCD makers likely to lower fab utilization rates, according to industry sources.
The most unexpected development in Qisda's history occurred in 2005, when the company's predecessor, BenQ, failed to merge with Siemens Mobile. It made a large loss of NT$30 billion (US$927.4 million) at the time. For the industry, BenQ's failure to integrate Siemens Mobile remains a lethal mergers and acquisitions lesson.
These are the most-read DIGITIMES Asia stories in the week of April 29 – May 3.
As smartphone sales plateau compared to the rapid growth seen 5-10 years ago, Taiwan's optical solutions providers, primarily serving the smartphone market, are seeking new growth engines, such as exploring new end applications and clientele to mitigate the risks associated with reliance on a single application or customer.
With sluggish iPhone sales and intense competition from Chinese panel manufacturers, Samsung Display (SDC)'s operating profit in the first quarter of 2024 saw a 56% year-on-year decrease. How SDC will respond to this has received a lot of attention.
Despite setbacks, particularly the breakup with Foxconn, the debt-laden Vedanta Group is still keen on semiconductor and display forays, which was seen as a strategy to deal with the group's financial stress. The prospect of Vedanta's display fab proposal with Innolux remains to be seen.
Novatek Microelectronics, a major Taiwanese IC design house, is anticipated to officially enter the supply of OLED Display Driver ICs (DDI) for the upcoming Apple iPhone 16 in 2024, despite being removed from Apple's latest supplier list.