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Novatek Microelectronics aims for 10% share of global TFT LCD driver IC market

Chiali Chen, Taipei
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Company president Steve Wang recently said Novatek Microelectronics met 10% of Taiwan’s TFT LCD driver IC market needs last year. Furthermore, the company, which is sending driver IC approval samples to South Korean and Japanese TFT LCD producers, aims to jump to a 10% share in the global market this year.

Novatek’s customers include AU Optronics (AUO), HannStar Display and China Picture Tubes (CPT). The company, which mainly produced source driver ICs last year, shipped three million driver ICs in December.

Novatek source driver IC shipment target (million units)

 

 

Amount

2001 (estimate)

Taiwan TFT LCD shipments

11.59

Taiwan source driver IC market

98.5

Novatek source driver IC shipments

9.85

2002 (forecast)

Global TFT LCD shipments

55

Global source driver IC market

467.5

Novatek source driver IC shipment target

46.75

Source: company, compiled by DigiTimes, January 2002.

Article translated by Shih-wei Kao and edited by Richard So