Taiwan’s OSAT services providers and packaging materials suppliers are offering “more flexible” quotes for display driver ICs (DDIs) in a bid to raise their utilization rates, according to SJ Cheng, chairman of ChipMOS Technologies.

Despite TSMC’s robust sales in the past few years and estimated strong performance in 2023, geopolitical tensions will continue to influence the foundry’s decision in capacity expansion or development plans for new advanced manufacturing processes, according to sources from the upstream supply chain.

Notebook touchscreen chip maker Elan Microelectronics expects its operation to continue facing a decline in the fourth quarter of 2022 because of weak notebook demand, while the company also announced the cancellation of a long-term agreement (LTA) with a chip foundry and will recognize the loss from breaking the contract in its fourth-quarter financial results.