Strong Chinese smartphone demand (IDC estimates Q1 shipments rose 117% Y/Y) will lead...

|By:, SA News Editor

Strong Chinese smartphone demand (IDC estimates Q1 shipments rose 117% Y/Y) will lead second-tier LCD driver IC vendors to see Q3 shortages, and bigger suppliers such as Himax (HIMX) stand to benefit, says Digitimes. The site also reports driver IC packaging firms such as ChipMOS (IMOS) are seeing higher capacity utilization rates. Himax shares are down 41% from their May 16 high of $8.19, thanks in part to its stock offering (and the potential for another).