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Global research institute TrendForce asserts in its latest Global Automotive Market Decode for 1Q report that the global automotive market scale is predicted to reach 94.4 million in shipments 2019, a 0.8% decrease compared to 2018. Despite this drop in market scale, car manufacturers are hoping to spur market development by turning to the electric vehicle market. Electric vehicle shipments are predicted to arrive at 5.15 million in 2019, reaching a YoY growth of 28%. YoY growth of new energy vehicles alone ( excluding hybrid electric vehicles) is expected to hit 51%.
The latest price report by LEDinside , a division of TrendForce , shows that mainstream high power LED package product prices continue to drop slowly while those of mid-power LED package products stabilized.
According to the newest Regional Project Report –“Solar Powering Taiwan: Special Report” by EnergyTrend , a division of TrendForce , 2018 will prove to be the most disastrous year for Taiwan's solar PV manufacturers, yet the best year in terms of solar PV system installations downstream, bringing new installations up to 1GW for the first time in history. The government is now actively pushing towards a goal of 1.5GW in new installations by the end of 2019.
According to the latest report by TrendForce, big brands such as Vivo, Xiaomi, Huawei, OPPO and Samsung have extended FOD (Fingerprint on Display) technology down from flagship devices to mid-high tier smartphones, enlarging market scale and causing the costs of FOD tech to slide. Penetration rates for optical and ultrasonic FOD solutions are therefore predicted to surpass that of traditional capacitive solutions and become the mainstream technology for smartphone fingerprint recognition in 2022.
Demand in end applications has weakened in 1Q19, causing COFs (Chip on film) to exhibit no signs of undersupply in the market. However, according to WitsView, a division of TrendForce, problems in COF supply will begin to become felt in 2Q as demand rises due to the need to stock up. Also entertained is the possibility that there will be a 6-7% gap in demand in 2H this year, and glut ratio for the entire year is estimated to stand at 0.3%. COF will be key in determining whether panel manufacturers may reach shipment goals.
