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Tyntek, a manufacturer of LED chips and Si-based sensors, is expected to see the losses of its core business narrow in the second quarter, even though it has adjusted lower the prices for some items to maintain market share amid sluggish demand, according to company sources.
Touch module maker TPK has disclosed plans to form a joint venture with HD Renewable Energy (HDRE) to develop and produce energy storage systems and charging piles for electric vehicles (EVs). The joint venture aims to capitalize on Taiwan's emerging energy storage business opportunities and the booming EV charging pile market worldwide.
Driven by the expectation of rising prices, LCD TV panels have maintained a healthy inventory. The stable stock demand has pushed up price quotes in June, which continue to rise. As for IT panels, LCD monitor panel price increases have been expanding ever since a partial price increase began back in April. It's expected that there will be more price increases in June. Meanwhile, notebook panel prices have remained unchanged.
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.
TacBright Optronics, which specializes in manufacturing triacetyl cellulose (TAC) films for use in panel or TV production, has seen its order visibility improve since May, according to company chairman H. C. Shih.