River Ic News Today

Display driver IC specialist Novatek Microelectronics and Network IC vendor Realtek Semiconductor have reported May revenues that meet market expectations.

Display driver IC (DDI) backend specialist Chipbond Technology has shifted its attention to non-DDI chips and devices such as RF components and power amplifiers, which will account for 35% of the companys revenue this year, according to company chairman Fei-Jain Wu. The proportion already came to 32% in 2022.

Driver IC demand for electrophoretic display (EPD) and electronic shelf labels (ESL) applications is unlikely to pick up until the end of this year, according to sources at IC design houses.

A pull-in of short lead-time orders for handset applications led to a better-than-expected first quarter for FocalTech Systems, according to the display driver IC (DDI) specialist.

Dispaly driver IC company Himax Technologies has warned of a challenging second quarter in terms of both sales and gross margin, but believes this will be a short-term phenomenon with a rebound around the corner starting in the second half of this year.

Display driver IC (DDI) suppliers are generally optimistic about their second-quarter prospects, citing an increase in replenishment demand and an improvement in customer inventory levels, according to industry sources.

Backend houses production utilization rates for COF packaging have increased, boosted by a recovery in display driver IC (DDI) demand, according to industry sources.

Display driver IC specialist Novatek Microelectronics expects its revenue to grow slightly in the second quarter of 2023 compared to the previous quarter, thanks to customer replenishment demand.

Display driver IC (DDI) provider Raydium Semiconductor incurred losses as a result of the dissolution of earlier LTA contracts with suppliers and generated its lowest quarterly profit since its listing on the Taiwan Stock Exchange (TWSE) in the first quarter.

Backend house ChipMOS Technologies expects sales generated from display driver IC (DDI) orders to rise substantially in the second quarter of 2023.