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.
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.
The Mini LED demand in the LED industry has shown a lack of new momentum, leading to a halt in expansion plans, and impacting equipment supplier FitTech's operations.
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.
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.
China's flexible OLED manufacturers have been rapidly advancing their technology and boosting their shipments, posing a substantial challenge to Samsung Display's dominance.
As China's automotive market plunges into intense internal price competition, Brightek Optoelectronic Co. focuses on automotive LED products as the main driver of its operational growth.
Radiant Opto-Electronics, a major backlight module manufacturer, held its shareholders meeting on May 28, 2024, completing the election of a new board of directors, with all proposals passed successfully. The new board convened an interim meeting immediately following the shareholder's meeting, electing Yu-chao Wang as chairman and president, thus beginning a new chapter in the leadership transition.
As Chinese display industries dominate the LCD industry, they are now capable of controlling not only the availability but also prices, meanwhile affecting the capabilities of supply to various brands, which highlights their significance.
OLED panels used for external screens/monitors remain dominated by the two major South Korean panel manufacturers, Samsung Display (SDC) and LG Display (LGD), becoming a new growth driver for both firms with an annual shipment growth of around 20%.
Macroblock, a Taiwan-based LED driver IC design house, intends to avoid the red ocean sector and instead focus on increasing high-value-added products such as professional large-scale LED displays, XR display applications, and vehicle LED displays.
AUO will participate in SID (Display Week) 2024 to showcase Micro LED and highlight their investment in three major display technologies for green tech applications, particularly Cholesteric Liquid Crystal (ChLC).
Apple's launch of a new-generation iPad Pro with OLED screens is expected to accelerate the adoption of the display technology among IT products, but sources from the LCD camp believe there are still hurdles to overcome for OLED.
Rumors have been around in the electric vehicles market, with Tesla's Cybertruck recently facing a recall, causing a temporary slowdown in supply chain deliveries. It is anticipated that deliveries will resume in the third quarter.
Besides being a key supplier for Apple's IT products, leading backlight module manufacturer Radiant Opto-electronics has been actively expanding into the telematics market in recent years. It is anticipated that the order quantity and revenue will significantly increase by 2026, reaching a peak by 2028 and expected to extend until 2030.
Market research firm Yole's latest report predicts that advanced virtual reality (VR) headsets such as Meta Quest 3 and Apple's Vision Pro, which adopt Video See-Through (VST) display technology, will help drive the development of Mixed Reality (MR) applications.
Despite sluggish growth, the global TV industry is witnessing a surge in demand for extra-large screens, driven primarily by the Chinese market's appetite for 100-inch TVs. This trend not only helps alleviate panel production constraints but also underscores the dominance of key brands.
Taiwan's LED leader Ennostar will adopt a "3+1" strategy to meet the transformation challenges ahead and will collaborate closely with panel maker AU Optronics (AUO) and MicroLED expert PlayNitride to create a "dream team" dedicated to pioneering advanced MicroLED displays, according to Paul Peng, chairman of both AUO and Ennostar.
Taiwan's largest 375-inch curved interactive miniLED display, the "Wishing Tree," is stealing the show at the Touch Taiwan 2024 held April 24-26 at the Taipei Nangang Exhibition Center.
LG Display (LGD) reported a year-on-year improvement in revenue and operating losses for the first quarter of this year. The firm aims to return to profitability in the second half of the year with a focus on high-end OLED products and the potential sale of its Guangzhou plant.
Managing Director of the Merck Group in Taiwan, John Lee, said that while Apple's decision to halt its MicroLED development is significant, it might open more doors for MicroLED manufacturers in Taiwan, who are actively exploring the technology, as they are not confined to a single application anymore.
