Market Trends

New listed company:ITH Corporation(6962)

Chih-Ying Chang
Senior Associate at TWSE

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ITH-KY Corporation (hereinafter referred to as ITH-KY) was established in 2019, focusing on the research and development, sales, and technical services of display driver ICs. The R&D headquarters of Ilitek, the company’s important subsidiary, is located in the Tai Yuen Hi-tech Industrial Park in Hsinchu, with its products mainly for export. The company also has subsidiaries and service bases in major overseas sales locations. ITH-KY has been deeply engaged in the research and development of display and touch technology for years and is currently a major supplier of driver ICs for various display devices both domestically and internationally.

Figure 1: Group photo of the management team of ITH-KY

Main Products and Businesses

ITH-KY’s product lines cover various fields such as smartphones, tablets, laptops, industrial control, esports, wearable devices, and automotive displays which are applied to various large, medium, and small sized displays, with end customers mostly international brand manufacturers. The company adopts a long-term cooperative iterative product model to improve product development efficiency. In addition to the mobile phone market, ITH-KY has been deeply engaged in the laptop driver IC market for many years, and its products are applied in the mass-production of the main models of the world’s top five laptops. In recent years, the company has actively expanded into the industrial touch IC and automotive TDDI markets. For advanced industrial control applications, the company launched a professional grade touch chip (TPIC), which significantly improves product tolerance specifications and flexibility for end customer applications through innovative hardware and firmware design, high signal-to-noise ratio (SNR), and high noise immunity design, simplifying customer product verification and production processes. The company’s R&D capability is demonstrated in various fields.

Figure 2: Terminal Applications of Smart Mobility Products

Figure 3: Terminal applications of Information Equipment ICs

Competitive Advantages and Patent Achievements

ITH-KY has accumulated years of display and touch IC technology and integrated its research and development capabilities. As of the first half of 2024, the group has obtained 526 approved patent rights, with 48 patent rights under application, including its flexible screen display/integrated driver IC which can assist customers in improving their yields and optimizing the algorithm for product life extension. The development of its touch IC products in new application scenarios continues accumulating touch technology power and optimizing user experience. In recent years, the company’s tablet TDDI products, specifically its active pen, have passed the highest third-party Wacom Level 1 performance certification. In the automotive field, in response to the trend of intelligent cockpits and large screens, the company has developed the LTDI integrated chip that supports large size and high resolution, and TCON and Bridge ICs for intelligent cockpits. Among them, the in-vehicle TDDI has achieved dual ISO 26262 and ASIL B certification to provide customers with a comprehensive solution.

Figure 4: Industrial Control and Automotive Products

Future Outlook and Vision

ITH-KY has demonstrated strong technological strength and market influence in the global touch and display driver IC field. With the rapid development of emerging technologies such as smart living, 5G networks, AI (artificial intelligence), smart car cabins, and the Internet of Things (IoT), display screens as an important interface for human-computer interaction will become the core component of future smart living. ITH-KY, with its holistic product offerings, covers various applications such as mobile phones, tablets, wearable devices, vehicle-mounted devices, industrial control, and laptops, and continues to launch new-generation display drivers and touch technology products; its future operational growth can be expected.

Sustainable Development

ITH-KY has established a Sustainable Development Committee to promote R&D innovation and corporate governance through ESG sustainability strategies, thereby achieving the company’s vision, responding to the global sustainable development trend, setting short, medium, and long-term goals, and building the company’s ESG culture from multiple perspectives to promote sustainable development and implement sustainability work to connect with UN SDGs goals. The company hopes to play the role of a power generator and invite employees, stakeholders, and the general public to contribute to environmental sustainability and social prosperity. Looking ahead, ITH-KY will continue focusing on the display driver IC field and enhance the experience and satisfaction of panel users worldwide with high-quality products.

Figure 5: Employee beach cleaning activity

Figure 6: The photo of Chairman with the staff
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