Polarizer maker Cheng Mei Materials Technology (CMMT) expects a steady improvement in operations this year, with a stronger second half of 2024. The company is developing new applications with clients across different sectors and has sustained limited impact from the Cyclo Olefin Polymer (COP) shortage.
In China, electric vehicles with built-in fridges and even in-car karaoke systems are considered passé. Instead, carmakers are turning to increasingly novel add-ons from beds to cooktops to boost sluggish sales.
In the rapidly evolving landscape of AI technology, BenQ Taiwan's General Manager, Steve Yang, commends the continued advancement of AI applications within a year but notes that there remains a notable distance between these advancements and their integration into end products.
Apple is set to launch a new generation of the iPad Pro as early as March 2024. The total supply volume of OLED panels is estimated to be 8.5 million units, and it will be fully supplied by South Korea's Samsung Display (SDC) and LG Display (LGD). However, the absence of Chinese manufacturers like BOE has certainly garnered some attention.
China's rise as a great EV power in the East presents the world and Taiwan with a fresh set of challenges.
E-paper solutions provider E Ink Holdings (EIH) anticipates revenue will be at its lowest for 2024 in the first quarter of 2024 before increasing and sustaining growth through the final quarter of 2024.
The demand for LED products is gradually warming up following a period of inventory adjustments in the market. While LED companies experienced a general decline in revenue for February 2024, they have been bolstered by steady demand in consumer and automotive applications. Ennostar and Everlight Electronics reported a double-digit year-on-year growth in cumulative revenue for January and February, with performance in the first quarter of this year poised to see year-on-year growth as well.
Samsung Electronics is reportedly set to unveil its new OLED TV series, the S90D, in 2024, marking a significant move as it will adopt both Samsung Display's QD-OLED and LG Display's WOLED panels. This strategic decision reflects a compromise, likely prompted by LGD's insistence on maintaining parity between its WOLED and Samsung's QD-OLED panels.
Samsung Electronics is set to launch 83-inch OLED and 98-inch LCD TVs in the South Korean domestic market, and its highest-end Micro LED TV will also expand to emerging markets like Vietnam and India, accelerating the global deployment of its product lines. Meanwhile, LG Electronics is taking a dual-track approach with OLED and QNED TVs to compete in the high-end market.
Qisda Chairperson Peter Chen announced that the group will be picking up its merger and acquisition pace this year, as several of its subsidiaries are slated for IPO and the conglomerate seeks partnerships in key components in the healthcare, AI, 6G, and satellite fields.
Touch screen solutions provider Ape Material Technology (AMT) is set for listing on the Taipei Exchange (TPEx) or the over-the-counter market in early April 2024. Chairperson Lillian Chao has expressed optimism that the company's revenue for the year will surpass that of 2023, with a minimum gross profit margin of 40%.