Novatek shifts some of its OLED driver IC foundry orders to TSMC

It is rumored that some of the latest OLED driver IC foundry orders of Taiwan IC design company Novatek will be transferred from UMC to TSMC. This change has caused heated discussions in the market, especially in the context of TSMC President Wei Zhejia just lowering the growth forecast of the global semiconductor and wafer foundry market. Novatek's decision may have an impact on its cooperation with UMC.