MagnaChip and Melfas Inc. Announce Partnership to Collaborate on OLED Applications for Automotive and Consumer Markets
Currently, OLED technology is deployed primarily in televisions and mobile products such as smartphones and smartwatches, but OLED displays represent an attractive growth opportunity. Industry forecasters expect the segment to show compounded annual growth rate (CAGR) of 187% between 2018 and 2022. Accordingly, MagnaChip and
MagnaChip is the leading independent provider of OLED DDICs, and benefits from long relationships with the top two OLED display panel makers in the world. Further, more than a dozen smartphone OEMs currently use MagnaChip's OLED DDICs in their smartphone lineups. Over the past 10 years, MagnaChip has shipped more than 400 million OLED DDICs, and developed a broad portfolio of patents related to the design and manufacturing of OLED display drivers.
"Automotive display is an attractive market segment, and this partnership with
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MagnaChip is a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications. The company's
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Bruce Entin |
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