With the rise of demand for the Internet of Things, automotive electronics, and smart homes, the demand for LCD driver ICs and microcontrollers (MCU) and other chips for power management has increased, squeezing out the production volume of LCD driver ICs for 8-inch wafer foundries. According to the latest observation, due to the increase in 8-inch wafer manufacturing costs by wafer foundries, LCD driver IC factories may follow suit by increasing IC quotations by 5-10% to panel factories in the first quarter to reflect the pressure of rising costs.
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