Competition between CATL and BYD, China’s two largest lithium iron phosphate (LFP) power battery makers, has intensified as the new energy vehicle market continues to expand, and recent Tesla orders seem to raise their rivalry to a new height, according to industry sources.

Taiwan’s tape COF substrate suppliers JMC Electronics and Chipbond Technology are highly conservative about their business prospects for the second half of 2022 due mainly to sluggish TV sales denting demand for large-size display driver ICs (DDI) and related backend services, according to DDI supply chain sources.

Notebook brand vendors, such as Hewlett-Packard (HP) and Dell, are looking to develop a new production hub in Mexico, according to sources in the notebook industry.

Backend firms are gearing up for production for Apple’s M-series processors, according to industry sources.