Many suppliers of components for notebooks, handsets and other consumer electronics devices have striven to diversify their product lines, markets and applications in recent years, allowing them to be less impacted by sales slowdowns facing any single industry or market segment, according to industry sources.

Taiwan-based memory modules vendor Adata Technology has actively lowered its inventory to mitigate the impact of recent memory price volatility, and expects fundamental peak-season demand to bolster its third-quarter revenue performance.

Tokyo Electron (TEL), Asia’s largest semiconductor equipment manufacturer, is also the world’s third-largest. It not only enjoyed extraordinary growth in 2021, and achieved record high sales and profits, but is also looking forward to growing another 20% for its fab equipment business for the 2022 calendar year.