Apple suppliers and touch module makers General Interface Solution (GIS) and TPK Holding have reported sequential revenue decreases for January 2023.

Samsung Display (SDC) and LG Display (LGD) will ramp up their OLED panel output in 2023 to fend off competition from Chinese rivals, according to sources at the TV supply chain makers.

While micro LED technology is in continued development for application, the technology is unlikely to become a competitor for electronic paper (e-paper), according to chairman and CEO Johnson Lee for e-paper maker E Ink Holdings.

LCD TV panel prices will likely remain stable in February, as panel makers' efforts to control capacity utilization rates have brought a healthier supply-demand balance for the display industry, according to industry sources.

Corning expects glass prices to stay flat sequentially in the first quarter of 2023 but warned of an overall on-quarter decrease in its core business sales.

Apple has been reportedly developing micro LED technology for initial application on Apple Watch Ultra, expected to be launched in 2024. Since current production cost for micro LED panels is very high and display performance of such panels for use in smart watches will not be substantially differentiated from that of OLED panels, Apple's developing micro LED technology is motivated by the huge potential of extending application of the technology from smart watches to AR/VR devices, smartphones and large-size displays over the next 5-10 years, thereby taking the global lead in the technology.

Taiwan-based makers received export orders totaling US$52.17 billion in December 2022, down 23.2% on year, according to the Ministry of Economic Affairs (MOEA).

AUO Display Plus (ADP), an AUO subsidiary specializing in industrial and commercial display solutions, has reported a 20% revenue increase to a range of NT$30-40 billion (US$990-1,320 million) in 2022, expecting to post over 20% revenue growth in 2023.

LG Display's and Samsung Display's globally leading TV OLED technology has been threatened by China-based makers of TV OLED panels, according to industry sources.

The Taiwanese government approved 2,566 investment projects proposed by foreign (excluding China-based) and overseas Chinese enterprises in 2022, with the total investment of US$13.303 billion hiking 77.94% on year, reaching a 15-year height, according to Taiwan's Ministry of Economic Affairs (MOEA).

China-based TV vendor Hisense has stepped up investing in the upstream LED supply chain, looking to enhance its in-house developed miniLED and microLED display technologies, according to industry sources.