A recent earthquake in Chiayi, Taiwan has caused partial production disruptions at Innolux, though the situation remains under control. This development, combined with PET material shortages for polarizers, has created supply constraints estimated at 10-15%. These factors have strengthened panel makers’ confidence in implementing price increases.

On January 17, it was officially announced that George Zhao would step down as CEO of Honor. Reportedly, the newly appointed CEO Jian Li is a veteran of Huawei, known for his deep research background, extensive overseas market experience, and ability to tackle tough challenges.

Backend house Powertech Technology (PTI) anticipates a resurgence in demand from the memory sector beginning in the second quarter, with further enhancement projected through the fourth quarter.

Export orders from Taiwan are expected to decline significantly in January 2025, with the Ministry of Economic Affairs (MOEA) forecasting values between US$44.5 billion and US$46.5 billion. This represents a month-over-month decrease of 15.9% to 12.1% and a year-over-year decline of 8.1% to 4%.