Niche panel products to raise revenues for Giantplus

Giantplus Technology, a Taiwan-based small- and medium-sized panel manufacturer, has said panels used in smartphones, digital cameras and in-vehicle displays will account for approximately 40% of its revenue in 2012 and will also raise its gross profits.

The increase of panels for niche products shows the growing trend among consumer products as well as with makers’ production strategies. Giantplus also said the trends will cause its overall revenues from consumer products to drop from 70% to 50%, and that shifting to niche markets will help the company stay competitive.

Sources added in-vehicle use panels are starting to feature more smart features.

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