OLED display driver

Magnachip says it shipped over 730 million OLED drivers since 2007

OLED driver IC developer MagnaChip started shipping OLED display drivers in 2007, and the company announced yesterday that it has shipped over 730 million units since.

Magnachip DDIC OLED TV ICs photo

MagnaChip recently expanded its business area into new markets such as foldable smartphones, automotive displays and OLED TVs. The company expects the OLED DDIC market to grow rapidly in the next new years and quotes Omdia's estimate of 1.2 billion OLED panels shipped in 2028.

BOE's AMOLED production volume still low as the company faces IC supply constraints

In February 2022 it was reported that BOE failed to secure enough driver ICs, and had to reduce its AMOLED production volume. According to new reports from Korea, BOE is still facing IC supply issues, and it is estimated that it AMOLED volume will remain lower than expected at least until May.

The new report suggests that beyond the IC supply constraints, BOE is also suffering from low yields at its new B12 fab in Chongqing, lower than what it hoped for in 2022.

Magnachip starts mass producing DDIC OLED TV drivers

Magnachip announced that it has started mass-producing OLED display driver integrated circuit (OLED DDIC) for OLED TVs.

Magnachip DDIC OLED TV ICs photo

Magnachip says that its new DDIC supports a maximum of 960 source output channels and can be coupled with a Chip On Film (COF) package and a high-speed serial interface. The new driver is based on enhanced high-voltage analog process technology. The chips supports various resolutions between HD (1,366 x 768) and UHD 4K (3,840 x 2,160), and can support panel sizes ranging from 40 to 80 inches.

ETNews: BOE reduces OLED production due to chip supply shortage

According to ETNews, BOE reduced its AMOLED production for Apple to about 2-3 months in February and March, down from around 9-10 million units it originally planned to produced, as the company failed to secure enough driver ICs.

Apple iPhone 13 photo

ETNews says that LX Semicon (previously Silicon Works) cannot supply BOE with enough driver chips. Most of the company's chips will be supplied to LG's OLED panels.

MagnaChip is developing next-gen OLED ICs for automotive displays

OLED driver IC developer MagnaChip announced that it is expanding its OLED IC product lineup as it is developing a next-generation OLED DDIC for automotive displays.

Magnachip drivers and chips photo

Magnachip is developing an OLED DDIC for automotive based on the 40nm process technology, targeting center stack displays and instrument cluster displays. The company plans to supply the new product to premium European car manufacturers in the first half of 2023. The new driver will support a wide range of resolutions (including FHD) and will work with both rigid and flexible OLED displays.

The worldwide component shortage is affecting the OLED industry

In recent months, the world is suffering from a serious semiconductor component shortage, due to several reasons that all seemed to have join forces - increased demand for IT products due to the pandemic, extreme weather conditions in the US and Asia, the US-China trade war, employee shortages, and the power grid problems that China is facing.

Olum Material unit cell FMM photo

This semiconductor supply and demand crisis is affecting the global OLED industry. Some display makers cannot ship their displays - not because of OLED production problems, but because they cannot get enough driver ICs.

The US blocks Magnachip's sale to China-based Wise Road Capital, citing security risks

Earlier this year, OLED driver IC developer MagnaChip announced that it is being acquired by China-based Wise Road Capital, for $1.4 billion. We reported that the Committee on Foreign Investment in the United States (CFIUS) is looking into blocking this deal, and now the CFIUS made its final decision.

Magnachip drivers and chips photo

The CFIUS stated that "It has confirmed the national security risks that may arise in the United States from the acquisition of MagnaChip by the Chinese private equity fund". This pretty much cancels the potential acquisition.

Magnachip's OLED business impacted by global component supply issues

OLED driver IC developer MagnaChip has reported its financial results for Q2 2021. Display revenues were "negatively impacted by severe supply constraints that continued to deepen in the second quarter".

Magnachip drivers and chips photo

The company says it cannot meet its customers needs, due to the global component shortages as well as changes in Mangachip's foundry partners' wafer allocation plans. The company continues to work closely with its strategic customers and foundry partners to secure long-term supply capacity for OLED DDICs, being mindful of the fact that global supply constraints are having a significant impact on the OLED business.

Samsung reports excellent results for Q2 2021, with strong demand for OLED displays

Samsung Electronics posted its financial results for Q2 2021, with record sales of $55.2 billion and a net profit of $10.9 billion. Samsung saw higher earnings at its memory and display businesses, offset by a decline in smartphone sales.

Samsung Galaxy A72 photo

Samsung Display says that OLED sales and profits increased because of wider adoption of OLED displays. SDC is worried that supply issues of display drivers may disrupt shipments in Q3, but demand for OLEDs in IT devices and gaming products are expected to see significant growth.

The US aims to block Wise Road Capital from acquiring Magnachip

Earlier this year OLED driver IC developer MagnaChip announced that it is being acquired by China-based Wise Road Capital, for $1.4 billion. A few days ago, the Committee on Foreign Investment in the United States (CFIUS) issued an interim order that blocks the deal.

Magnachip drivers and chips photo

This is just an interim order, but according to reports it is unlikely that the US and Korea will allow the deal to go through, at least in its preset form. The US is expanding its fight against Chinese companies acquiring technologies. Korea is also worried as MagnaChip's OLED drivers are seen to be strategic to the country's OLED industry.

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