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2023-08-04

[News] Taiwan’s AUO to Close Facilities, Launches Voluntary Retirement Plan

Taiwan's leading panel manufacturer, AUO, is reportedly making a significant workforce reduction of around 200 employees. In response, AUO promptly issued a statement clarifying that these job cuts are part of a voluntary retirement initiative aligned with their flexible operational strategy. The co...

2023-07-27

TrendForce’s Take on Samsung’s 2Q Earnings Announcement

Samsung Electronics has disclosed its financial results for 2Q23, reporting quarterly revenue of 60.01 trillion Korean won. Although the DS division saw a rebound in revenue, the fall in smartphone shipments led to a 22% YoY decline. Samsung highlighted an upturn in its memory business in Q2 due ...

2023-07-26

Automotive Panels Embrace TDDI for Size and Spec Improvements

As the pandemic has eased, the global automotive market is picking up momentum, and it is estimated that the global shipments of automotive panels will exceed 200 million units in 2023. With the continuous demand for size enlargement and specification improvement in automotive panels, the adoption o...

2023-07-20

Panel Prices for TVs, Laptops, and Monitors Enter Rising Phase in Late July

In Q3, TV panel purchasing momentum is strong, with an estimated 7~8% growth by QoQ. Manufacturers are confident in raising prices due to increased demand, aiming to turn TV panel production profitable. As a result, TV panel prices are expected to continue rising, with increases of 2~8 USD for diffe...

2023-07-06

Stronger TV Panel Purchasing Momentum in July, According to TrendForce

TrendForce reported that TV panel purchases are gaining momentum in the early July, with both Chinese and other major brand customers increasing their orders in preparation for the busy promotional season in the second half of the year. Overall, the purchasing momentum is expected to grow by 7-8% in...

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