Novatek Microelectronics

Novatek Microelectronics

Novatek Microelectronics, a publicly owned company headquartered in Taiwan, was founded in 1997 with approximately 950 employees. The company operates as a fabless chip design company.

Revenue

Founded

1997

Headcount

944

Headquarters

Taiwan

Primary Segment

Other

Ownership

Publicly Owned

News Summary:

Novatek Microelectronics announced on April 27, 2026, the expected date for its Q1 2026 Consolidated Financial Statements board meeting as May 5, 2026. The company, established in 1997, operates as the world's largest supplier of display driver ICs, ranking 9th globally and 2nd in Taiwan by 2025 sales revenue. Previously, on April 13, Novatek posted Q1 2026 revenue of NT$23.145 billion (US$728 million), reflecting a 14.7% decline. This performance contributed to a broader trend among Taiwanese display driver IC (DDI) manufacturers experiencing declining revenues for the quarter, attributed to ongoing weak demand in small- and mid-size segments. Earlier, on April 10, Novatek reported March 2026 revenue of NT$8.47 billion (approximately US$266.32 million), marking a 19.9% increase from February but a 9.6% decrease compared to the same period a year earlier.
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