Taiwan IC design houses are mulling a move to renegotiate with TSMC on foundry prices for 2023, looking to have the chip manufacturing partner halve its quote hike to 3% for mature processes such as 45 nm and 28nm nodes to ease cost pressure amid sluggish terminal demand, according to industry sources.

In term of enterprises’ adoption of cloud computing services for digital transformation, multi-cloud or hybrid cloud has become the mainstream architecture, according to Lin Han, consulting hybrid cloud service partner for IBM Taiwan.

Foxconn chairman Young Liu has revealed the company’s plans to establish an ESG (environmental, social and governance) green energy fund with the goal of helping other companies invest in sustainability. This came on the heels of China’s recent power cuts in Sichuan, further highlighting how ESG is now a key factor in the supply chain.