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Digitimes Research: Taiwan LCD driver IC revenues to rise 6% in 2014 -
Digitimes Research: Taiwan LCD driver IC revenues to rise 6% in 2014
The combined revenues of Taiwan's top-six LCD driver IC makers are expected to register a 6.1% increase in 2014, according to Digitimes Research. Revenues for the top-six makers reached NT$24.5 billion (US$792.5 million) in the third quarter of 2014, up 4.3% on quarter, Digitimes Research disclosed. The sequential growth was slower than expected due to disappointing demand from China's smartphone and tablet markets. Looking into the fourth quarter, Taiwan's top-six LCD driver IC makers will see their combined revenues decrease 1.5% on quarter as a result of seasonal factors, Digitimes Research indicated. For all of 2014, the makers will collectively generate NT$93.55 billion in driver IC revenues, up 6.1% on year.