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NEWS TAGGED NOVATEK
Thursday 7 November 2024
Novatek expects weaker 4Q24, looks to AI-driven edge demand for 2025 growth
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...
Monday 21 October 2024
Novatek gains ground as LX Semicon's share of iPhone OLED orders gets halved
In the past, when LG Display (LGD) supplied OLED panels for Apple's iPhone series, the display driver ICs (DDI) were exclusively produced by LX Semicon. However, 2024 saw Novatek...
Tuesday 8 October 2024
Taiwan DDI firms post mixed 3Q24 sales
Taiwan-based display driver IC (DDI) firms, having disclosed mixed revenue results for the third quarter of 2024, are anticipated to have seasonal influences affecting their performance...
Friday 4 October 2024
Novatek to mass-produce OLED TDDI in 2Q25; Apple expected among first customers
Novatek, Taiwan's leading display driver IC (DDI) manufacturer, has announced plans to commence mass production of its highly anticipated OLED TDDI technology as early as the second...
Friday 23 August 2024
Taiwan IC designers persist in automotive market expansion despite downturn
Despite the recent downturn in automotive chip demand, most Taiwan-based IC designers remain largely unaffected and continue to intensify their efforts in the market, according to...
Wednesday 7 August 2024
Novatek forecasts Q3 growth amid iPhone demand, warns of looming geopolitical uncertainties
Novatek Microelectronics anticipates increased revenue in the third quarter, driven primarily by growing smartphone demand, particularly for iPhones. However, the electronics industry...
Wednesday 7 August 2024
Taiwan based DDI makers navigate intensifying Chinese price competition
The ongoing price competition in the Chinese display driver IC (DDI) market has compelled Novatek Microelectronics and other Taiwan-based DDI suppliers to expand their target markets...
Thursday 11 July 2024
Novatek strives to enhance supply capability for iPhone OLED DDIs
Novatek Microelectronics is endeavoring to improve its supply capability for OLED display driver ICs (DDI) for iPhones to better position itself to secure orders if Apple launches...
Thursday 4 July 2024
Novatek strives to play major role in OLED DDI supply chain for iPhones, say sources
Novatek Microelectronics has received substantial OLED display driver IC (DDI) orders for the upcoming iPhone series, breaking South Korean vendors' dominance in Apple's display supply...
Tuesday 25 June 2024
Taiwanese DDI vendors upbeat about 2H24
Taiwan-based Display Driver IC (DDI) vendors are upbeat about the upcoming high season in the second half of 2024, as inventory in the supply chain has returned to healthy levels...
Wednesday 8 May 2024
DDI firm Novatek expects TV demand to sustain 2Q24 growth
Display Driver IC (DDI) specialist Novatek Microelectronics has observed TV customers aggressively prepare for replacement demand ahead of impending sporting events this year, anticipating...
Thursday 2 May 2024
Novatek sees OLED DDI orders for Apple increase in 2024
Novatek Microelectronics, a major Taiwanese IC design house, is anticipated to officially enter the supply of OLED Display Driver ICs (DDI) for the upcoming Apple iPhone 16 in 2024,...
Tuesday 23 April 2024
Novatek to re-elect board directors; UMC not on candidate list
Novatek Microelectronics, a specialist in Display Driver ICs (DDI), has recently revealed a list of Board of Directors (BOD) who will be reelected. Nevertheless, United Microelectronics...
Tuesday 16 April 2024
Novatek may enter iPhone OLED DDI supply chain
South Korean media ETNews cited industry sources, reporting that Novatek Microelectronics has provided DDI samples for iPhone 16 validation this February.
Thursday 11 April 2024
Taiwan DDI firms post mixed 1Q24 results
Major Taiwanese display driver IC (DDI) manufacturers have announced their first-quarter earnings with varying results.