Reported 8 months ago
On June 25, 2024, Radiance announced positive performance in the display industry with OLED panel revenue growth expected in 2024. The company also anticipates profit stability through the year. Additionally, significant energy storage orders are projected to contribute to their energy business growth. Radiance has been actively investing in high and low-power battery integration and production, with plans for a subsidiary's IPO at the end of 2024. Revenue from the energy sector is expected to increase, while the display business is forecasted to stabilize and contribute to overall growth in 2024.
Source: YAHOO