Mobile Phone Components Demand Boosts UMC, Ilitek

Reported 8 months ago

UMC, a major IC designer, has secured a large order from LG Display, indicating a promising future in OLED driver IC market. They are expected to expand into more Apple product lines, including supplying OLED driver ICs for the upcoming iPhone 16. Ilitek, a touch IC supplier, is experiencing remarkable growth in smartphone shipments with predictions of delivering 1.5 to 2 million touch panels in H1. Both companies are benefiting from the increasing adoption of touch technology by Apple, Microsoft, and Google. Foreign reports suggest Ilitek's laptop products will see accelerated growth in H2, with the AI PC segment as a potential driver for structural changes and continued positive performance over the next few years.

Source: YAHOO

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