Japan-based Sumitomo Chemical is refining its growth strategy by downsizing its LCD component business while expanding its semiconductor materials division.
The Industrial Technology Research Institute (ITRI) forecasts that AI will transform the display panel industry in three key areas: image quality, energy efficiency, and human-machine interaction.
Taiwan-based Passive Matrix OLED (PMOLED) panel maker WiseChip Semiconductor will diversify its business model in 2024, making adjustments to its organization and strategies, and actively deploying new cloud and green energy businesses.
In recent years, Fan-Out Panel-Level Packaging (FOPLP) technology has become a rare opportunity for OSATs and other industry participants to compete with TSMC, Samsung Electronics, and Intel in the advanced packaging field.
BOE Technology, the largest Chinese display panel manufacturer, is reportedly placing equipment orders for its 8.6-generation (8.6G) OLED panel plant under construction in China. Many South Korean equipment makers, including Sunic System, Avaco, Shinsung E&G, and DMS, are expected to benefit as potential suppliers.
The recent reports of Apple's delayed launch of the next-generation Vision Pro cast a shadow over the market outlook for OLED on Silicon (OLEDoS) technologies.
At InfoComm 2024, North America's largest display expo, Samsung Electronics, and LG Electronics are set to showcase various commercial display solutions, all featuring AI technology applications.
According to an official press release, Canon announced plans to strengthen its core businesses in India during a strategy meeting held in Mumbai on June 7. These core businesses include imaging, printing, and surveillance.
After months of swirling rumors about Royole Technologies' financial struggles, once touted as China's leading foldable screen manufacturer, the latest legal documentation confirms that the company has initiated bankruptcy liquidation proceedings.
Despite a recent weakening in demand for LCD TV panels and a lack of upward momentum in prices, producing panels according to demand is expected to prevent significant price drops in June, resulting in a stable market. AUO and Innolux are continuously striving for profitability and are optimistic about the second half of 2024.
Dixon Technologies, an EMS/ODM company based in India, revealed its intention to establish a Joint Venture (JV) with a leading display manufacturer based in China. This move marks Dixon's official entry into the display manufacturing sector.
Samsung Display (SDC) has unveiled its outlook for the LED on Silicon (LEDoS) technology for Augmented Reality (AR) device displays, expecting that LEDoS technology will evolve from the "Blue + Quantum Dot (QD)" method to the "RGB 3-panel" and "Monolithic 1-panel" methods.
Contrel Technology, an LCD equipment specialist, is increasing its deployment in MicroLED and advanced packaging, which is expected to yield results in 2025.
Samsung Display (SDC) and LG Display (LGD) are set to supply slightly over 130 million OLED panels for Apple's new iPhones, while China's BOE Technology has yet to clear the validation process, possibly due to its ongoing lawsuit with Samsung.
South Korea's television giants, Samsung Electronics and LG Electronics, are reportedly facing mounting pressure from Chinese competitors. Over the past year, Samsung and LG have seen a decline in their market shares (based on sales value), while Chinese brands like TCL and Hisense have experienced a notable increase.
With Apple's launch of the new iPad Pro tablet that features OLED displays, South Korean providers Samsung Display (SDC) and LG Display (LGD) saw a significant increase in their tablet OLED panel shipments for March 2024.
China's flexible OLED manufacturers have been rapidly advancing their technology and boosting their shipments, posing a substantial challenge to Samsung Display's dominance.
Samsung Electronics' semiconductor division is under pressure, facing fierce competition from industry rivals and internal labor strikes, creating substantial hurdles for newly appointed chief Kye Hyun Kyung. Meanwhile, SK Hynix is capitalizing on its momentum, planning to significantly boost its 2024 capital expenditures to maintain its leadership in High-Bandwidth Memory (HBM).
Due to the continuous expansion of production capacity in China, the polarizer industry is facing a problem of oversupply that exceeds even the demand for panel productions.
AUO is transforming its business structure, aiming to lower regular display panel sales to below 70% of overall company revenue in 2025, according to company chairman Paul Peng.
