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Second Half Utilization Rate for 8-inch Production Capacity Expected to Drop to 50-60%; Chilly Demand Prospects Until 1Q24, Says TrendForce

4 October 2023

TrendForce research indicates that in 1H23, the utilization rate of 8-inch production capacity primarily benefited from sporadic inventory restocking orders for Driver ICs in the second quarter.

AUO Acquires BHTC for Advanced System Integration in Automotive Displays and Securing a Crucial Role in the Auto Supply Chain, Says TrendForce

3 October 2023

TrendForce reports that the global automotive market continues to blaze ahead in its vigorous expansion, with vehicle displays steering toward larger dimensions and tech-savvy cockpits. In this technological race, many panel makers are ramping up their visibility in the automotive supply chain, dreaming big to clinch a Tier 1 supplier status.

BYD Soared to Become Fourth-Largest Global Car Brand in August and Were Closely Behind Japanese Automakers in Rankings, Says TrendForce

28 September 2023

According to the latest data from TrendForce, car sales across 37 regional markets (as indicated in the notes under the table below) in August totaled 5.55 million vehicles, representing an increase of nearly 1% compared with July.

Shipments of Smartphone Panels Are Forecasted to Drop by 9% YoY for 2024 Due to Weakening Demand Related to Second-Hand Smartphones and Device Repair, Says TrendForce

28 September 2023

TrendForce projects that shipments of smartphone display panels (smartphone panels) will reach approximately 1.85 billion pieces in 2023, reflecting a YoY increase of 8.7%.

Market Share of OLED Automotive Panels Continues to Grow and Could Reach 10% by 2026, Says TrendForce

26 September 2023

The latest “Automotive Display Market Analysis” from TrendForce indicates that the overall demand for automotive display panels (automotive panels) is gradually stabilizing and shows an upward trend as the automotive market as a whole slowly recovers, and promotional activities related to smart cockpits continue to expand.

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