Hon Hai Technology Group (Foxconn) has formed a partnership with UK-based Porotech to develop augmented reality (AR) glasses, combining Porotech’s advanced gallium nitride (GaN) technology with Foxconn’s vertically integrated manufacturing capabilities.

Taiwan-based pure-play foundries have implemented various strategies to counter China’s competitive pricing in mature process nodes, according to industry sources.

As major cloud service providers (CSP) and cloud AI-related companies launch new projects, Taiwanese IC designers are positioning themselves to benefit. Industry observers expect the cloud AI and ASIC markets to experience explosive growth in the next three years. During this period, the need for custom chip development will extend beyond CSPs, tech companies, and cloud AI developers to encompass all major industry groups developing their own chips.