TV panel prices have risen since February, with the price rally likely to stretch through May, ramping up capacity utilization rates at panel makers, according to industry sources.
The Institute for Information & Communication Technology Promotion (IITP), a state-owned research institute in South Korea, forecasts that Apple s ongoing R&Ds in display technology will impact South Korean panel suppliers Samsung Display and LG Display, but could also create new opportunities for them as well.
South Korea s major panel makers LG Display (LGD) and Samsung Display (SDC) have seen their OLED panel capacity utilization rising significantly since February on strong order momentum for TV applications.
In 2022, the Chinese government allocated CNY12.1 billion (US$1.75 billion) in subsidies to 190 listed semiconductor companies to fill the gap left by US restrictions on advanced semiconductor manufacturing, according to a report.
Fitipower Integrated Technology, a Foxconn Group affiliate specializing in display driver ICs (DDI), has expressed caution about its market prospects for the second half of 2023.