Magnachip: OLED driver sales will exceed our previous estimation

OLED driver maker MagnaChip has updated its Q2 2019 revenue guidance, saying that revenues from its OLED display driver business are expected to "substantially exceed" the company's previously estimation.

MagnaChip recently launched its latest 28 nm OLED Display Driver IC for smartphone displays, and the company also launched a new initiative to co-develop mobile OLED display technologies.

Posted: Jun 13,2019 by Ron Mertens