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Weaker shipments continued for all applications except automotive monitors. Inventory clean-up and uncertain high level factors were influential factors. Flexible on-cell AMOLED displays were extended from high end to midrange smartphones.
Weaker shipments continued in 1Q23 except for the automotive monitor application owing to inventory cleanup and uncertainty of high-level factors.
Because of high-level factors lasting to 2023, uncertainty remains inevitable. The inventory clear-up will be almost finished in 2Q23, but this does not mean there will be notable growth in 2023.
Uncertainty is still inevitable owing to high-level factors continuing in 2023. Inventory cleanup will be almost finished in 2Q23, but it does not mean there will be notable growth in 2023.
Overbooking and logistics resulted in inventory cleanup in 2022. High-level factors will greatly influence future demand. Inventory cleanup of processors and touch displays will at least last till 1Q23 or even 2Q23.
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