IC design house Focalyech (3545) will smoothly expand in 2021 and grab a large order of Samsung panel AMOLED touch IC. It is expected that the shipment volume is expected to at least double, and AMOLED driver ICs are also reported to have successfully joined forces with Tianma, Visionox and Land-based panel manufacturers such as BOE. The legal person is optimistic that Focaltech is expected to benefit from the continuous growth of AMOLED business opportunities in 2021, and promote its performance to a higher level.
In 2019, Focaltech entered into the Samsung panel AMOLED supply chain with touch ICs, which became a driving force to promote performance growth. After entering 2021, Focaltech is expected to expand its supply to Samsung. The supply chain pointed out that by then, Focaltech AMOLED touch ICs are expected to grow from 30 million sets in 2020 to about 80 million to 100 million sets in 2021, with the growth rate at least doubling.
Not only that, Focaltech is currently actively cooperating with land-based panel manufacturers such as Tianma, Visionox, and BOE in the AMOLED driver IC section, although only a small number of them are currently shipped. However, the legal person pointed out that with the continuous improvement of China's AMOLED panel yield rate, Focaltech's AMOLED driver IC shipments in 2021 are expected to begin to increase significantly.
It is understood that in 2020 the smartphone market will be affected by the new crown pneumonia, the buying of flagship and high-end 5G smartphones, coupled with the push to increase the penetration rate of 5G, so most brands have changed to focus on mid-end models, so the current growth of Focaltech's current performance is mainly based on integration The shipment of touch-control and driver ICs is kinetic energy.
After entering 2021, the legal person expects that the shipments of high-end and flagship 5G smartphones will continue to heat up, and the 4G smartphone market is still quite large. Therefore, the shipments of the two major product lines such as AMOLED and IDC will have simultaneously seeing growth, Focaltech's performance is also expected to climb to a new high.
Focaltech announced that the consolidated revenue for the first October of 2020 will reach 10.772 billion yuan, with an annual growth of 45.8%, rewriting the historical high for the same period. The legal person pointed out that Fondex will benefit from the huge increase in production capacity in 2020, and 5G smart phone customers have increased their efforts to place orders, which will promote the outstanding performance of Fondex's driver IC shipments, which will also allow operations to deliver outstanding results. It is expected that the whole year The performance is expected to write a new high since the merger with Xuyao.
As for the layout of new products, Focaltech is actively developing a solution integrating IDC and fingerprint recognition with Aegis. It is expected to bear fruit as early as 2021, and mass production and shipment are expected to begin at that time, bringing new ideas to the two companies.
