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Orise shipping more LCD drive ICs to smartphone sector, says sources

Friday, June 18, 2010

Shipments of LCD driver ICs by Orise Technology to the smartphone sector are expected to increase significantly starting the third quarter of 2010, according to industry sources.

In addition to current client Nokia, Orise began to ship LCD driver ICs to a new smartphone client in the second quarter, with shipment momentum to pick up in the third quarter, the sources explained.

Orise will also see shipments of its LCD driver ICs to the digital still camera (DSC) sector increase significantly in 2010, rising to 10% of its total IC shipments by year-end compared to 5% in 2009, the sources noted.

However, Orise's sequential revenue growth for second-quarter 2010 will fall below 10% due to a relative high base for the first quarter, the sources said.



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