All firms with considerable business scales in Taiwan's electronics industry are publicly traded. When they release their tentative annual financial indicators, we can already grasp the growth momentum of the industry, as well as the interactions between different industry sectors and the medium- and long-term outlook. DIGITIMES has again collected data on the ICT product manufacturing, semiconductors, optoelectronics, IC distribution and components sectors, providing readers with a comprehensive picture of the electronics industry and an outlook of the industry trends in 2023.
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.
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.
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).
Although LCD panel makers have recently seen a short-term surge of their capacity utilization rate to 60-70%, up from 60% in September 2022, most makers in the line believe demand for their products will remain weak in 2023.
As it will take time for the sagging global economy to recover, panel demand from the primary application sectors, such as LCD TVs, monitors, notebooks, tablets and smartphones, will likely continue declining instead of picking up in 2023, according to industry sources.
VividQ, a Cambridge-based holographic display technology company, announced on January 17 that it is partnering with Dispelix, a Finnish waveguide supplier, to produce a breakthrough augmented reality (AR) technology that will bring AR experience to the next level.
While LCD panels have been dominantly used in automotive displays, demand for higher-quality in-vehicle displays will lead to competition between OLED and LCD panels, according to Taiwan-based LCD DDI (display driver IC) and TDDI (touch & display driver integrated IC) design houses.
LG will launch the Signature OLED M3, an OLED display-powered wireless TV initially in North America and South Korea in 2023 and is set to release a 77-inch and an 83-inch model later in 2023, according to South Korea-based Chosun Biz, Ddaily and ET News.