Novatek: All Products Growing, Q2 Revenue Expected to Increase by 23%
Novatek, a display driver IC manufacturer, announced that its Q2 revenue is expected to increase by 19% to 23% quarter-on-quarter, reaching NT$27.5 billion to NT$28.5 billion. Significant growth is anticipated across all product lines, including SoCs, large-sized, and small-to-medium-sized panel driver ICs.
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- 📰 Published: May 7, 2026 at 17:03
- 🔍 Collected: May 7, 2026 at 17:32 (28 min after Published)
- 🤖 AI Analyzed: May 7, 2026 at 18:31 (59 min after Collected)
Central News Agency (CNA) reported on May 7th from Hsinchu that Novatek General Manager Wang Shou-jen stated today that in the second quarter, all three major product lines—System-on-Chip (SoC), large-sized panel driver ICs, and small-to-medium-sized panel driver ICs—are expected to grow significantly compared to the first quarter. The overall revenue for the second quarter is projected to reach NT$27.5 billion to NT$28.5 billion, a quarter-on-quarter increase of 19% to 23%.
Novatek held an online investor conference to explain its first-quarter operating results. Novatek's first-quarter revenue was NT$23.145 billion, a 1.44% quarter-on-quarter increase; gross profit margin was 39.06%, after-tax net profit was NT$3.767 billion, a 2.09% quarter-on-quarter increase, and earnings per share were NT$6.19.
Wang Shou-jen pointed out that the growth in SoC and large-sized panel driver IC businesses in the first quarter offset the impact of declining mobile phone demand; the improvement in gross profit margin was mainly due to a favorable product mix.
Looking ahead, Wang Shou-jen said that due to anticipated price increases, system customers are pulling in shipments earlier, leading to an increase in demand in the second quarter. All three major product lines, including SoC, large-sized panel driver ICs, and small-to-medium-sized panel driver ICs, are expected to grow significantly compared to the first quarter.
Wang Shou-jen expects second-quarter overall revenue to be approximately NT$27.5 billion to NT$28.5 billion, a quarter-on-quarter increase of 19% to 23%; gross profit margin is expected to be around 38% to 41%, and operating profit margin around 16% to 19%.
Regarding market conditions, Wang Shou-jen stated that TV demand will slightly increase in the second quarter, monitor demand will remain flat, notebook computer demand will increase, tablet and mobile phone demand will remain flat, the Chinese automotive market will slightly increase, and other regional automotive markets will remain flat.
Wang Shou-jen said that memory supply remains tight, and prices continue to rise. He observed that prices for mobile phones, personal computers, and notebook computers have been adjusted upwards and will monitor consumer demand trends.
Wang Shou-jen stated that Novatek will launch new products in the second half of the year, including edge AI image vision products, foldable phone OLED panel driver and touch integrated single-chip (TDDI), and gaming monitors. These new products are expected to contribute significantly to performance, and this year's performance is expected to grow compared to last year. (Editor: Chang Liang-chih) 1150507
Novatek held an online investor conference to explain its first-quarter operating results. Novatek's first-quarter revenue was NT$23.145 billion, a 1.44% quarter-on-quarter increase; gross profit margin was 39.06%, after-tax net profit was NT$3.767 billion, a 2.09% quarter-on-quarter increase, and earnings per share were NT$6.19.
Wang Shou-jen pointed out that the growth in SoC and large-sized panel driver IC businesses in the first quarter offset the impact of declining mobile phone demand; the improvement in gross profit margin was mainly due to a favorable product mix.
Looking ahead, Wang Shou-jen said that due to anticipated price increases, system customers are pulling in shipments earlier, leading to an increase in demand in the second quarter. All three major product lines, including SoC, large-sized panel driver ICs, and small-to-medium-sized panel driver ICs, are expected to grow significantly compared to the first quarter.
Wang Shou-jen expects second-quarter overall revenue to be approximately NT$27.5 billion to NT$28.5 billion, a quarter-on-quarter increase of 19% to 23%; gross profit margin is expected to be around 38% to 41%, and operating profit margin around 16% to 19%.
Regarding market conditions, Wang Shou-jen stated that TV demand will slightly increase in the second quarter, monitor demand will remain flat, notebook computer demand will increase, tablet and mobile phone demand will remain flat, the Chinese automotive market will slightly increase, and other regional automotive markets will remain flat.
Wang Shou-jen said that memory supply remains tight, and prices continue to rise. He observed that prices for mobile phones, personal computers, and notebook computers have been adjusted upwards and will monitor consumer demand trends.
Wang Shou-jen stated that Novatek will launch new products in the second half of the year, including edge AI image vision products, foldable phone OLED panel driver and touch integrated single-chip (TDDI), and gaming monitors. These new products are expected to contribute significantly to performance, and this year's performance is expected to grow compared to last year. (Editor: Chang Liang-chih) 1150507