Taiwan's Mildex Optical, a specialized touch panel manufacturer, has successfully transferred US tariff costs to its military and industrial customers, helping preserve margins as the company pivots toward higher-value niche markets.
Since its spin-off from TASC in 2022, the rising star Star Asia Vision Corporation (SAVC) has focused on digital display systems. President Vincent Lee stated that order visibility extends to five months, with shipment schedules already booked through the end of 2025. Despite increased uncertainties from tariffs and exchange rates, the second half of the year is expected to outperform the first half, with optimistic projections for double-digit revenue growth and profit expansion throughout 2025.
TPV Technology, a leading manufacturer of smart display terminals, expects to post a net loss of CNY450 million to CNY490 million (approx. US$62 to 68 million) for the first half of 2025, according to a July 11 earnings forecast. The projected loss marks a significant swing from a CNY53.39 million profit in the same period last year.
TCL China Star Optoelectronics Technology (TCL CSOT) will begin building its 8.6G OLED production line in late 2025, aiming to be the first to use inkjet printing on this large substrate size. This move will boost China's presence in the large OLED market, increasing competition with South Korean rivals Samsung Display (SDC) and LG Display (LGD).
E Ink Holdings and Netronix, Taiwan's electronic paper (e-paper) display manufacturers, reported roughly 30% quarter-on-quarter revenue growth in the second quarter as customers accelerated purchases ahead of US trade policies. Currency headwinds masked what could have been even stronger performances, analysts said.
Electronic paper (e-paper) applications are expanding rapidly as environmental concerns boost demand for energy-efficient display alternatives to traditional LCD and OLED screens. The sector's shipment volumes and market value continue climbing steadily, with the industry expected to surpass US$10 billion in scale as manufacturers advance into color displays and larger formats.
Panel demand softened in the second quarter of 2025, dragging down LCD TV panel prices and showing early signs of weakness in the IT segment. A stronger New Taiwan dollar added to the pressure. AUO saw a 4% quarter-over-quarter revenue decline, while Innolux remained flat, both reflecting muted performance.
Despite foreign exchange fluctuations and seasonal factors decreasing June revenue, LED automotive lighting module manufacturer Laster Tech still achieved a record-high consolidated revenue for the first half of 2025.
Several leading Taiwanese display driver IC (DDI) manufacturers reported notable revenue declines for June, highlighting ongoing market headwinds as early demand surges from the first half of 2025 taper off. Key players, including Novatek Microelectronics Corp., Raydium Semiconductor Corporation, Fitpower Integrated Technology, FocalTech Systems, and Ilitek, all recorded either significant month-over-month or year-over-year decreases in revenue, signaling a broader weakening in market momentum.
Taiwan's Innolux has completed a senior management restructuring following the departure of key executives, with the company accelerating plans to close its fifth-generation display fabrication facility by mid-2026.
The Chinese government has been vigorously promoting the "trade-in" subsidy policy since the second half of 2024, positioning it as a key tool to stimulate consumption and stabilize the economic situation. However, recent reports indicate that funds for China's trade-in subsidies have been overspent, with some regions even suspending subsidies temporarily, raising concerns among industry observers.
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