Both AUO and Innolux achieved impressive YoY growth rates of 24% and 26%, respectively, in their automotive display business in 3Q23. In 2023, AUO’s auto display revenue is expected to reach NTD 40bn, which represents a growth of over 20%. Similarly, Innolux is projected to achieve over 35% increase, with its revenue surpassing NTD 45bn.

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