With mature-process automotive chips still in short supply, some automakers worldwide are moving to have their chips fabricated with advanced process nodes, especially for new car models and EVs, according to industry sources.

A major blaze in South Korea that knocked out a wide range of key digital services for days – snarling banking, ride-sharing and online deliveries – is reigniting safety concerns in a nation that’s a key global supplier of lithium-ion cells used in electric vehicles (EV).

The issue of export control restrictions on US nationals or green card holders working in/with China-listed “entity” companies is not new. Rules and regulations have existed governing the duties and obligations of a US person (defined as a US citizen, permanent resident or US entity) working as an employee, board adviser or third-party contractor (including a lawyer) for any China entity placed on a restricted list maintained by: (1) US Defense Department; or (2) BIS (Bureau of Industry and Security) Entities.

LED packaging service provider Everlight Electronics had consolidated revenues of NT$15.390 billion (US$513 million) for the first three quarters of 2022 slipping 20.12% on year, and is expected to see consolidated revenues for 2022 decrease 15-20% on year, according to industry sources.