I would like to now turn to our non-travel IC business updates, where we expect Q1 revenue to decrease single-digit sequentially.

Feb 12, 2026 / receipt, needs a key / Karen, CFO | earnings call 2026-02-12 | transcript cfc2986e-d9fe-4f41-8f84-cd1a99d3e170 | chars 23686-23815 | segment 24

Our sales and marketing expenses consist primarily of salaries of sales and marketing employees, including related employee welfare costs, travel expenses and product sample costs.

filing / Mar 27, 2026 / receipt

In 2025, despite disciplined expense control, our full-year 2025 operating expenses increased by 1.1% as we strategically invested in select non-display IC areas with compelling long-term growth potential.

filing / Mar 27, 2026 / receipt

The average selling prices of TFT-LCD and OLED panels generally decline with time as a result of, among other factors, drop in demand for end products that incorporate TFT LCD and OLED panels, new capacity ramp-up or factory utilization improvement, technological advancements and cost reduction with the exception of the new high end and high-resolution products.

filing / Mar 27, 2026 / receipt

Building on this milestone, we are expanding globally through collaborations with other leading door lock manufacturers to integrate advanced AI features such as parcel recognition, anti-pinch protection, and palm vein biometric authentication, further broadening the application scope and enhancing product differentiation.

filing / Mar 27, 2026 / receipt

We began construction of our new building, Fab 2, in March 2017, located nearby the current headquarters to house additional WLO capacity, the new active alignment equipment needed for our 3D sensing business and to provide extra office space.

filing / Mar 27, 2026 / receipt

The newly completed building, located at a 42,619 square meter facility, houses additional WLO capacity, the new active alignment equipment needed for our 3D sensing business and provides extra office space.

filing / Mar 27, 2026 / receipt