Raydium sees slower third-quarter momentum after smartphone OLED DDI pull-ins

Raydium Semiconductor said its third-quarter 2026 momentum is likely to ease after customers pulled in orders for smartphone OLED display driver ICs in the second quarter. The Taiwan-based display driver IC maker reported second-quarter revenue of NT$6.82 billion, up 25.4% quarter-over-quarter and 16.6% year-over-year, as early stocking helped lift sales across its three main product lines.