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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.