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Novatek expects weaker 4Q24, looks to AI-driven edge demand for 2025 growth

Jay Liu, Taipei; Levi Li, DIGITIMES Asia Thursday 7 November 2024 0

Credit: DIGITIMES

Novatek posted strong revenue growth in the third quarter of 2024, fueled by high inventory demand for mobile OLED DDIs. However, gross margin slipped from the previous quarter, mainly due to price adjustments for specific chips, rising gold costs,...

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