The global LCD panel industry will likely see its output value continue to decline in 2023 after suffering a setback in the previous year when the industry s capacity utilization fell sharply due to the impacts of the pandemic, war and rising inflation, according to industry sources.
Samsung Display (SDC) has disclosed plans to invest KRW4.1 trillion (US$3.1 billion) in building 8.6G IT-use OLED panel production lines by 2026, but tight supply of the core evaporation equipment and exorbitant quotes from the main supplier Canon Tokki may slow down the progress of the investment project, according to Korean media reports.
Samsung Display (SDC) will, for the first time ever, supply main automotive displays to Hyundai Motor, which is expected to further deepen the future vehicle alliance between Samsung Electronics and Hyundai and extend their cooperation into the vehicle electrification and intelligence field, according to Korean media reports.
Innolux will accelerate its diversified deployment strategy and prioritize its investments in upgrading existing product lines and developing others for non-panel applications to avoid being caught in the volatile business cycle of the display industry.
BenQ Materials expects its ASP (average selling price) for LCD polarizers to stay flat sequentially in the second quarter before bouncing up in the year s second half.