Who are Novatek Microelectronics's main competitors?

Named competitors: Himax Technologies (HIMX), Samsung LSI (005930.KS), Synaptics (SYNA). The cockpit's measured peer set (industry) also includes Xi'an ESWIN Material Technology (688783.SS), United Nova Technology (688469.SS), Nexchip Semiconductor (688249.SS), Semtech (SMTC), China Resources Microelectronics (688396.SS), SG Micro (300661.SZ).

How has Novatek Microelectronics stock performed?

Over six months to 6 Nov 2026 the shares returned +18.0% against -15.1% for the median peer; over one year +18.8%.

← CockpitCompetitor Analysis › 3034.TW Novatek Microelectronics Corp.Open in the cockpit ↗

Novatek Microelectronics Corp.3034.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Information Technology›Semiconductors

World's largest maker of display driver ICs, the chips that control pixels on smartphone, TV and monitor screens.

≈ A pure-play display-driver chip leader with no direct US-listed peerMomentum strong 78

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$9.16B

US dollars, full cap

Free float

92%

of shares outstanding

$/day

$64.1M

20-day average traded

Fwd P/E

14.1×

forward earnings

ROIC−WACC

+43.1 pp

WACC 5.7%

Hurdle

-9 pp

Req g minus delivered

Next earnings

91 days

5 Feb 2027

Close · TWDNT$495.50

1D-2.8%

1W-13.8%

1M-8.8%

3M-5.4%

6M+18.0%

YTD+32.5%

1Y+18.8%

ATR %4.9%

52w lowhigh18.5% off high

What Novatek Microelectronics does

World's largest maker of display driver ICs, the chips that control pixels on smartphone, TV and monitor screens.

Designs chips and pays outside foundries to make them, selling to panel makers who build them into screens, so results follow panel makers' orders and the mix of screen sizes. The panel makers in turn sell to phone, TV and monitor brands, which decide how many chips each screen needs.

In one line: A pure-play display-driver chip leader with no direct US-listed peer.

Products and services

Display driver ICs (smartphone, TV, monitor)
Timing controllers (TCON)
Image-sensor/SoC products

Customers

Panel makers (BOE, AUO, Innolux, Samsung Display)
Smartphone/TV/monitor OEMs (via panel makers)

Where it sits in the supply chain

Semiconductors
Fabless design
Display driver & timing-controller ICs

What could go right

Panel resolution/feature upgrades (OLED, mini-LED)
TV/monitor unit demand

What could go wrong

Panel-industry pricing cyclicality
Customer concentration in a few large panel makers

Moat: narrow (scale, IP / patents, customer qualification). Largest display-driver IC scale and long panel-maker qualification relationships.

Headquarters: Hsinchu, Taiwan · Founded: 1997 · Employees: 4,031

Named competitors

Novatek Microelectronics at a glance

Size Novatek Microelectronics (3034.TW) is a Taiwan Information Technology company (Semiconductors) with a market value of $9.16B, the 57th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$495.50 on 6 Nov 2026.

Performance Over six months the shares gained 18.0%, against -15.1% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 2nd highest of 20 in its peer set.

Growth Revenue grew 2.4% over the last twelve months (peer median +28.8%); the operating margin is 20.3% (peer median 9.8%).

Valuation It trades at 14.1× forward earnings against a peer median of 28.7× (5th cheapest of 18).

Price implies For today's price to make sense, revenue must grow about -4% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -9 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 43.1 points above its cost of capital (5.7% WACC).

Next results Next results expected around 5 Feb 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Novatek Microelectronics against the median of its 20 peers (local-currency closes).

Novatek Microelectronics financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	NT$106B	NT$101B	NT$103B	NT$110B	NT$110B
Revenue growth	—	-2%	-7%	0%	—
Gross profit	NT$41.2B	NT$36.7B	NT$40.4B	NT$45.1B	NT$49.9B
EBITDA	NT$22.9B	NT$19.6B	NT$23.1B	NT$28.0B	NT$34.0B
Net income	NT$19.9B	NT$16.3B	NT$20.3B	NT$23.3B	NT$28.0B
Free cash flow	NT$14.9B	NT$12.5B	NT$15.5B	NT$29.3B	NT$21.9B
Capital expenditure	NT$1.85B	NT$1.45B	NT$1.56B	NT$1.16B	NT$1.16B
Total debt	NT$549M	NT$552M	NT$455M	NT$373M	NT$208M

Quarterly statements and history in the cockpit →

Novatek Microelectronics competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Novatek Microelectronics is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Novatek Microelectronics is the large dot.

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Novatek Microelectronics is the large dot.

Novatek Microelectronics competitors and peer comparison

Head to head with its named competitors (3034.TW vs HIMX vs 005930.KS vs SYNA)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Novatek Microelectronics 3034.TW	$9.16B	+18%	+2%	20%	14.1×	-4.2%
Himax Technologies HIMX	$1.45B	-51%	-8%	5%	19.1×	30.3%
SamsungElec 005930.KS	$886B	-14%	+88%	46%	4.0×	-7.2%
Synaptics SYNA	$4.63B	-7%	+11%	-3%	21.6×	34.6%

How Novatek Microelectronics compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Novatek Microelectronics against its 20 peers (data as of 6 Nov 2026)
Measure	3034.TW	Peer median	Rank in peer set
1-month return	-8.8%	-15.1%	9th highest of 21
6-month return	+18.0%	-15.1%	2nd highest of 20
Distance from 52-week high	-18.5%	-50.5%	2nd highest of 21
Revenue growth (TTM)	+2.4%	+28.8%	lowest of 21
Operating margin	20.3%	9.8%	5th highest of 21
Forward P/E	14.1×	28.7×	5th cheapest of 18
Growth the price implies (Req g, 7 yrs)	-4.2%	25.1%	least demanding of 9
Growth delivered (Del g)	+4.7%	+14.0%	2nd lowest of 9
Hurdle (Req g minus delivered)	-8.9 pp	+10.0 pp	2nd least demanding of 9
ROIC minus cost of capital	+43.1 pp	-2.8 pp	highest of 21
EV / EBITDA	11.5×	21.4×	3rd cheapest of 6
Net debt / EBITDA	-1.8×	-0.4×	4th least indebted of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Novatek Microelectronics 3034.TW	Taiwan	$9.16B	+18%	+2%	20%	14.1×	-4.2%	+4.7%
Xi'an ESWIN Material Technology 688783.SS	China	$9.34B	-36%	+25%	-25%	n/a	n/a	n/a
United Nova Technology 688469.SS	China	$8.92B	+4%	+42%	-10%	102.1×	n/a	n/a
Nexchip Semiconductor 688249.SS	China	$8.80B	-17%	+14%	7%	66.4×	n/a	n/a
Semtech SMTC	United States	$9.63B	-15%	+18%	12%	19.1×	51.8%	+12.0%
China Resources Microelectronics 688396.SS	China	$9.72B	-14%	+17%	10%	46.9×	25.7%	+9.7%
SG Micro 300661.SZ	China	$8.33B	-12%	+46%	17%	55.7×	35.9%	+26.7%
VeriSilicon Microelectronics (Shanghai) 688521.SS	China	$8.31B	-63%	+39%	-23%	n/a	40.5%	+15.9%
National Silicon Industry 688126.SS	China	$10.2B	0%	+33%	-41%	n/a	n/a	n/a
Amkor Technology AMKR	United States	$8.13B	-57%	+16%	10%	12.1×	n/a	n/a
Shenzhen Techwinsemi Technology 001309.SZ	China	$8.12B	-64%	+317%	35%	6.7×	n/a	n/a
Konfoong Materials International 300666.SZ	China	$8.09B	+9%	+35%	10%	53.5×	n/a	n/a
TongFu Microelectronics 002156.SZ	China	$10.5B	-15%	+21%	7%	28.7×	n/a	n/a
RMBS RMBS	United States	$7.98B	-42%	+17%	37%	19.9×	24.5%	+23.5%
Ingenic Semiconductor 3223.HK	Hong Kong	$7.76B	n/a	+100%	35%	10.9×	-3.9%	+16.1%
Tianshui Huatian Technology 002185.SZ	China	$7.74B	+10%	+33%	4%	45.0×	n/a	n/a
Realtek Semiconductor 2379.TW	Taiwan	$11.0B	+33%	+12%	11%	19.9×	8.4%	+9.6%
Powerchip Semiconductor Manufacturing 6770.TW	Taiwan	$7.54B	-5%	+22%	-5%	7.6×	11.3%	+0.5%
Yuanjie Semiconductor Technology 688498.SS	China	$11.2B	-45%	+300%	64%	60.1×	n/a	n/a
WAAREE Energies WAAREEENER.NS	India	$7.41B	-24%	+75%	16%	17.3×	n/a	n/a
Silicon Laboratories SLAB	United States	$7.39B	+2%	+22%	-3%	60.3×	n/a	n/a

Questions

Who are Novatek Microelectronics's main competitors?: Named competitors: Himax Technologies (HIMX), Samsung LSI (005930.KS), Synaptics (SYNA). The cockpit's measured peer set (industry) also includes Xi'an ESWIN Material Technology (688783.SS), United Nova Technology (688469.SS), Nexchip Semiconductor (688249.SS), Semtech (SMTC), China Resources Microelectronics (688396.SS), SG Micro (300661.SZ).
Is Novatek Microelectronics expensive compared with its peers?: On forward p/e it trades at 14.1× against a peer median of 28.7×, 5th cheapest of 18 in its peer set. For today's price to make sense, revenue must grow about -4% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -9 pp: the price already allows for a slowdown.
How has Novatek Microelectronics stock performed?: Over six months to 6 Nov 2026 the shares returned +18.0% against -15.1% for the median peer; over one year +18.8%.