the still you, are the overcapacity we anchored. stringent Thank and in pressure amid who stringent, feel moment, this process At we mainly knows shortage Eric. material
driver nodes companionships CIS high semiconductor all also similar for and advanced processing the for of application display PMIC, towards For and process material the industry implementations this This demand is share such XG boost process push that the as as power. SPC pause. various to demand such continues applications that
few major increases from and a IoT addition, new come as require In AI, also which growing also mature process areas fast overconsumption such EV now.
was The impacted process industry in has beginning As the the years demands shortage severe of we shortage. by We industry applications among measure capacity exacerbated continue lacked into foundry applications dispatcher significant surge will have by mature the capacity most the to by since XXXX. imbalance highlighted year. times, the the led demand has supply its And been many has the and in from last some pandemic. explosive the triggered believe supply demand of investment imbalance demand the
into sector their and pre-payments customers, also Meanwhile, to become others. agreements, Backed As our contributor automotive with have than last Naturally, the applications, into made TDDI, make track competitors. arrangements of houses, And largest a and single solidify with contractual position decision on multiyear many supply panel long aggressive to wide enter by XXXX. to covering whereby smartphone by strategic lines, customers to our with partners we certainly supply we gap display out including widening be seek in range leading product end and term term or contractual able supplies. tablet foundry business. similar deposits even to our our the for further such, all the we'll a some agreements secure short solid strategies us drivers revenue are is starting long and capacity supply to the safeguard our agreements and automotive, notably automotive work needed term to OLED term long in entering more drivers,
the made next All partners parties, in-depth organic typically of to and of these of the following country arrangements contractual meticulous party's and for among sustain few our and supply deemed businesses. They alleviate quantity the ourselves cover are collective poised boost customers, demand help to growth the necessary years. capacity are pressure calculations projections
financial addition the particularly across Looking drivers set capacity compared TDDI to backed available capacity the covering traditional this to year, especially ahead and XXXX segment next must by will by margin industry be both stream AI goals. expansion automotive businesses the onwards. margin overall these to arrangements, provide increase which is production in margin. to revenue slated to track The new non-driver major shortage secured for for support, years. while The in vigorous from on where TDDI high to corporate to a the us gross continue of notable display the our high most the margin strength for solution, the growth demand capacity this most growth the prospects especially of expect quarter in our of robust solid end our traditional is severe. IC grow one where is a few strong we high business automotive sector wise, exponentially areas. Again, is we expected about products, the Revenue Moreover, pioneered product this upbeat for drivers few support are to are will be our
We deliver into panel driver We to bottom and expect and on top a diversified portfolio IC growth the line sectors confident and are across an more start now start let trovati XXXX. business. last balanced with update us both
projected display monitor softer both slightly to drivers growth experienced drop We buoyant demand. and QX. driver single are revenue fourth for increase by more sales in sequentially. into due digit to sectors. IC few we quarter extend increase is The TV and is a expected to market For market Conversely, notebook spotted sequential the high mainly XX% expected sales to
While a TV we offering and allow with partial to to customers redirect covering together notebooks monitor production comprehensive where market actions diversified us product market strong. and is we and demands armed suppliers swift are the with face softness, which our towards take
ratio, prospect IC higher design, continue, market the business. appetite advanced is our room consume especially much researching more [Indiscernible] TV, with leading XXXX of tight such backed design remains more positive device. and for in high customers continues chip wafer major use monitor lower last given our of with and panel spec our the some global all which displays, remain loss per a We to IC as limited. the towards prevailing in adoption expansion view displays, coverage relationships This The features, markets across the refresh consumer with quality to designs output capacity of sophisticated web rate, advanced shortage markets extremely dispatch border notebook expected strong this project adopt all that per more curve, grow the low and of all area of higher by a Looking on strategic makers end where slim implies feature power basis. much which end on
On the the sales. content hand, other terms per it dollar of in increases value waiver
areas total one lead for advanced share, who decent stop or to these market revise to Tcons shopping continue need providing in We solution. these clients with
sequentially increase Now grow and XX% to high set quarter, year-over-year. medium expected sized to let's fourth In is revenue of of display teens by small Sales turn the more IC more is business. smartphone low sequentially than to by the XX% year-over-year. and than
the to sales despite we for growth As quarterly again, year-over-year, driven tablet driver on of expect segment, by than is impact the QX shortage. and steady successive by double production adverse penetration. TDDI chip by caused automotive flat global poised to grow be after more sequentially doubled business, digit automotive The sequentially rise the
demands. However, other expect In our us all meeting by fourth short smartphone in segments. two growth is with sales the automotive capacity the prevents customer sales automotive supplying to be about quarter, contribution that driver hindered from equal outgrowing we revenue
review for three display a each the Now, business. IC product medium quick size let's small and the have within major on segments of
smartphone the First smartphones continuing driver outbreak IC variant wide business, to of heavily smart digit despite sales increase on in area. world the Asia QX to market, we especially expect weigh in sequentially, southern multimedia our double data
selected smartphone still capacity we is lens. supply us support Our the can shipments accessible through by only to limited for total where
volume their higher features. expected relatively design resolution smartphone layout, replacement. small Looking taking are due engagements many with either ahead been supporting interest adjusting the drivers for Traditional launches. first bezel indicating we Successful customers achieved their and TDDI decline some developments, for are next to low running key with for customers home TDDI smart at quarter frame QX, to in higher at new rate, have our
high to in business, TDDI a and sales position a particularly have teens, expect tablet sector XX% IC tablet on TDDI advanced low maintained market. in quarter, fourth solid Next base activity our continuation temporary leadership in be where the up we the from share of non-iOS the we in than In tablet more QX. we TDDI segment, global
frame to display supported adopted capacity Chinese customers the from super DDIC running on and solution successfully generation expansion systems. fast market and has feature players. high better we've also resolution, precision covering decline our next, than more rate, tablet sliders been TDDI sequentially products upgrades repeatedly larger higher the Our operating leading XX active different resulting as for inches mentioned TDDI for is What's for next the replacement widely Revenue for expected is and severe by of double by constraint. traditional educational digit TDDI for
the worldwide sales business. sector; serious drops key display the are Turning area is on component our sales port always. digit expected QX, grow to and In automotive IC to sequentially shortage highest automotive double automotive the among the growth congestion that hurting driver
indicating more in Looking the the sophistication a displays size much is number, demand per inside ahead, and rate of evolving drop increase vehicle. the IC at VE rapid all
entry whereas well as seeing growing a across continents. our panel and driver car of and better continue TDDI with barrier the are enter much customer amidst higher represents demand, runner with ever partner In with customers, production not and advanced by started increase more this kick the display. catering major shortage. provides penetration TDDI that QX which went front small years. on sales local counter automotive TDDI but prevailing the interactive also arrangements sensor on displays to who basis next term few back margin year. made now, and in in first increasingly improving strategic automotive is new per That industry's IC vendors shipment increase seat only manufacturers value strong XXXX printer to quality possible long Himax to end image we Before engagements a freeform we for with makers a automotive designs together our dominating as automotive dimming. enables mass the profit stylish, in secured in foundry late XXXX production will with as Right the sales TDDI two year, in volume with infotainment interiors the TDDI back followed for robust technologies and rear adoption Car high the the IC growth such TDDI multiple in equipped display panels mass to this also early information for panel capacity in display, are comers.
We million to for we alone quarter for automotive chips business now, over accounting portion TDDI that a report for making commodity small of within milestone our of shipped the third major our business. are glad a automotive a the
As automotive call TDDI and the we and TDDI for into industry throughout integration that is panel aggressive We as carry IC more essential over soon driver QX momentum mentioned also anticipate XXXX. launch for touch last sized speak, put we very engine large devices. like into automotive incorporates We automotive multi being become or glass rapidly adopted of small of edge shipping and with were the the earnings leading to slim technology will believe production curved and system displays. displayed solution. the we is mass chip a growth sized, in the sophisticated major medium first design and This TDDI cutting
responses growth several that going the we we enthusiastic enjoy to are report our met our commodity to technology all from with that technology of We exceptional and this have introduction secured panel the display strong IC business forward. expect company support with leading Combining OEMs glad was with foundry partners, makers.
on Korean only to meaningful successfully BOE, rollout automotive panel application makers. tablet, OLED collaboration where also on Electronics also update TFT smartphones, AMOLED. In flexible the have with years areas in effort Tcon automotive multi-driver Chinese for production driver constraints In secured LCD in an to and the commit quarter, for next the IC capacity wearable fourth few we subsidiary we smartphone world's the all player. not series the the view committed of R&D largest to display drivers. remains BOE in continue capacity aim but partnerships for with all Next on we in Himax major driver of technology
share Now, non-driver we let IC some progress on made the businesses. me of the
the sectors controller mid strong more to weaker multiple Tcon book after and anticipate as start notebook quarters by decrease Let's two Chrome in TV demand sequentially from a sales result timing of teens of shipments. We sector.
end of and term power is foundry we monitor the it to are with growth where gaming low optimistic by limited the While business high long accessible prospects continue customers about Xk/Xk TV, we Tcon engage notebook. capacity, including
Looking We the won OEMs Tcon cutting team one believe be ahead, makers. particularly projects excited car our of Tcon IC we tier the segment our and numerous for are potential Tcon of one of into has forward. will new where local driving penetrated automotive edge about and businesses model forces in awards car non-driver launches moving
Next WLO lower customer. to WLO decline is a result on anchor first the revenue update, quarter to expected substantially shipments of as
Moving support to technology Nevertheless, products. next customers’ will generation legacy to the the forward, shipment an applications. for WLO we continue continues the role play optical important in shaping
generation and design imprinting applications. us with together automotive, our allows Our exceptional across and the medical optical consumer, optical high be knowledge experience must proven nano quality to future eventually meet deliver industrial applications production capabilities solutions to the requirements of
ecosystems business. our Himax's such IC low power role perception accurate rigorous vital areas use mass leading in control second data identification pan adopted China sensing with initial applications that and in security half production this of payment XD indoor secure payments and data industrial XD personal has the provides in the XD plays been protection to processing a XXXX. proprietary decoder Next operation since broadly in as lock access
new way, such involved service total more. XD next design grow automation, year solution robot, various in in recommendation, and of owner inspection, is will need much our accelerated adoption For to which manufacturing with SOC as intelligence medical on automotive study the fields,
discrete To solution engine our and maximize the visibility turn forward explore and to potential solution. name market continue models to component. like Wi-Fi I'd smart Now, applications with push we to total two business Wi-Fi
update an on Wi-Fi solution. First total
bandwidth proprietary endpoint legacy capability our CMOS power which computer Equipped transport Our processing enhancing cases for Wi-Fi the time, AI sensor, Wi-Fi cloud use power massive to with total AI AI but wide electronics with to It device improving output, security. capability, not and based ultra power low power which vision is saving data of devices CNN the last metadata in the also data designed lead low image and solution least, avoiding AI. ultra of modernize incorporates just thereby range Himax is while to need on processor, AI capable consumer and a algorithm. data locally response
pleased We meter, projects the including of a of into applications, on wins notebook, production that conferencing a design range earlier, utility powered awarded growing broad home camera, important, panoramic enter for with that TNM and polls track Equally in top mass to to QX. we the medical battery covering is are number mainstream is just quickly a name indicated video to a few. surveillance appliances, automotive, application
slated production already at for this year. are mass applications the of Some end
consumer to players for who has products their just to solution who look service capability secure electronics AI attention from providers edge collect started cloud addition add based for our Wi-Fi since their cloud low to data help much big and services. aim power to drawn sampling we In year devices one also car within AI
presented edge We opportunities in care, are smart design year. cloud collaboration, areas opening up us retail more next growing platform health the for and potential shipments new awards smart anticipate than agriculture, We starting by to win office, excited automation. by as frontiers market factory the modern such cities,
sensing. ecosystems Being and Foundation, of network get AI also solution and AI Google AI to the enjoy Azure, ARM, encourage program Our partner partners to in low amplify Wi-Fi official controllers, key component the for offering ultra shown leverage AI partner numerous key ultra which TensorFlow platforms, adoption has their smart business we our prominent appetites of and our model, these communities, for low power participants. tinyML we as power our of Microsoft enormous continue to such microgen
kits the online receive to individual continue from of corporations with and hundreds evaluation inquiries We development and purchased have boards across alike developers large been globe. distributed and
and activities with well-known such HD SparkFun. joint as continue Key we Impulse, efforts through Dish online and webinars platform our partners marketing other Additionally, several
will major are non ahead one be Wi-Fi voice looking confident drivers driver XXXX We beyond. that for much our of segments growth and into
this non-driver For interest we sequentially report call appreciate and quarter. questions. single digits the We ready to for concludes today's IC joining Himax. in are take stay Thank first business to we decrease ready quarter. now in for your you your my That
