Magnachip expands OLED DDIC for automotive displays
Organic light-emitting diode (OLED) display driver integrated circuits (DDICs) from Magnachip now include models for automotive displays.
The company has responded to an increase in demand for automotive semiconductors required for electric vehicles (EVs), autonomous driving and connected cars and their infotainment and safety systems. OLED panels offer image quality, high visibility and fast response times.
Magnachip is developing an OLED DDIC for automotive systems’ centre stack and instrument cluster displays, based on its 40nm process technology. The next-generation DDIC supports a wide range of resolutions including FHD (full high definition) and is suitable for both rigid and flexible OLED displays. The DDIC will integrate source drivers, gate drivers and timing controllers in a single chip. This feature will enable the production of cost-effective display panels consisting of fewer components, says Magnachip.
Market research company, Omdia, expects the automotive display market to grow from $8.2 billion in 2021 to $9.7 billion in 2025. The revenue of global automotive OLED panel market reached $117 million in 2021 and it is expected to increase approximately 350 per cent to $524 million in 2025, says the company.
YJ Kim, CEO of Magnachip, believes: “Vehicles incorporating displays based on our next-generation OLED DDIC technology represents another step in improved safety, functionality and convenience for consumers.”
The company plans to supply the new product to premium European car manufacturers in the first half of 2023.
Magnachip Semiconductor designs and manufactures analogue and mixed-signal semiconductors for communications, IoT, consumer, industrial and automotive applications. The company provides a broad range of standard products to customers worldwide. It has more than 40 years of operating history and a portfolio of approximately 1,200 registered patents and pending applications, together with extensive engineering, design and manufacturing process expertise.