As the color e-paper market evolves with electrophoretic, cholesteric liquid crystal (CLC), and reflective TFT-LCD technologies competing for their shares, DIGITIMES Research analyst Jason Yang anticipates Spectra becoming the leading technology in commercial applications. Rather than a zero-sum game, Yang believes these competing technologies will collectively expand the color e-paper market.

The second half of the year is traditionally the peak season for the launch of flagship smartphones, which is expected to boost demand for key components such as PCBs (Printed Circuit Boards) and optical parts.

The third quarter of 2024 has seen a lackluster market for display driver IC (DDI). However, handset DDI demand is expected to be strong thanks to replenishment demand.

Daxin Materials, which provides specialty chemicals for semiconductor, display, and key raw materials, has developed chipmaking materials supporting advanced 2nm manufacturing processes and CoWoS packaging, and continues to increase revenue generated from the semiconductor industry, according to the company.

After navigating through inventory challenges, E Ink Holdings (E Ink) has seen positive growth in the field of consumer electronics (CE) and Internet of Things (IoT), with expected improvement each quarter in 2024. Johnson Lee, Chairman of E Ink, stated that the biggest concern currently is on how to development the electronic paper billboard market that benefits the company.

TSMC has acquired Innolux's 5.5G LCD fab in Tainan, southern Taiwan, for NT$17.14 billion (US$530.8 million). The acquisition price is less than what the market had anticipated.

LED equipment manufacturer FitTech is gearing up to begin contract production of CoWoS advanced packaging equipment in the fourth quarter of 2024.

LG Chem's OLED evaporation materials business is experiencing robust growth, positioning the company to potentially surpass DuPont and claim the second-largest market share in the global OLED evaporation materials market by 2024, according to market research firm DSCC's "AMOLED Materials Report."

TPK, a leading panel manufacturer, reported a substantial improvement in its financial performance for the second quarter of 2024. The company narrowed its core business losses to NT$700,000 (approx. US$22,000) while posting a net profit of NT$350 million, marking a 204.1% increase from the previous quarter and a 1009.7% year-on-year growth. This impressive turnaround was largely attributed to interest income, exchange rate gains, investment returns, and government subsidies.

The e-paper industry is undergoing a significant transformation as it shifts from monochrome to color displays, triggering a replacement cycle for end products and boosting performance across the supply chain. Companies in the electrophoretic display sector, such as E Ink Holdings (EIH) and Netronix, have reported substantial improvements in their second-quarter operations.

The panel industry experienced strong demand in the first half of 2024 due to early pull-ins by end-product manufacturers. However, as end market performance fell short of expectations, panel order shipments have slowed, leading to a less vibrant third quarter compared to traditional peak seasons.