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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 company's 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.