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Touch module maker TPK will expand its product development efforts to include automotive LiDAR products in 2023, having diversified its portfolios to incorporate 3D printing, cholesterol liquid crystal-based e-paper solutions, energy storage devices and other applications.
The global LCD panel industry will likely see its output value continue to decline in 2023 after suffering a setback in the previous year when the industry's capacity utilization fell sharply due to the impacts of the pandemic, war and rising inflation, according to industry sources.
Samsung Display (SDC) has disclosed plans to invest KRW4.1 trillion (US$3.1 billion) in building 8.6G IT-use OLED panel production lines by 2026, but tight supply of the core evaporation equipment and exorbitant quotes from the main supplier Canon Tokki may slow down the progress of the investment project, according to Korean media reports.
Samsung Display (SDC) will, for the first time ever, supply main automotive displays to Hyundai Motor, which is expected to further deepen the future vehicle alliance between Samsung Electronics and Hyundai and extend their cooperation into the vehicle electrification and intelligence field, according to Korean media reports.
Innolux will accelerate its diversified deployment strategy and prioritize its investments in upgrading existing product lines and developing others for non-panel applications to avoid being caught in the volatile business cycle of the display industry.