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28 Jul

US Senate passes CHIPS Act 2022, bans recipients from expanding advanced chip capacity in specific countries

July 28, 2022
By jeff

The Senate on July 27 passed CHIPS and Science Act of 2022, bipartisan legislation in a vote of 64-33. A total of US$52.7 billion will be spent as a 5-year incentive for developing domestic semiconductor manufacturing capabilities and other programs.

28 Jul

Latest News and Trends

Solar-powered vehicle Sion enters production 2H23

July 28, 2022
By jeff

Germany-based solar vehicle manufacturer Sono Motors announced that it would start the production of its solar-powered vehicle Sion in the second half of 2023 in Finland.

28 Jul

Latest News and Trends

UMC expects fab capacity to stay fully utilized in 3Q22

July 28, 2022
By jeff

United Microelectronics (UMC) will continue to run its fabs at full capacity utilization in the third quarter of 2022 when the pure-play foundry expects to post flat sequential increases in both unit shipments and ASPs.

28 Jul

Latest News and Trends

Corning expects shipment volume decline for display technologies lineup in 3Q22

July 28, 2022
By jeff

Corning expects shipment volume of its Display Technologies product line to decline sequentially by a mid-teen percentage in the third quarter of 2022, in line with the market expectation and lower panel maker utilization, the company said in a statement.

28 Jul

Latest News and Trends

SK Hynix posts record 2Q22 sales but sees challenges ahead

July 28, 2022
By jeff

SK Hynix has reported record-high sales for the second quarter of 2022 but warned of a slow second half of the year for the memory market.

28 Jul

Latest News and Trends

Sluggish Android phone sales dim OLED DDI demand prospects for 2H22

July 28, 2022
By jeff

Android smartphone sales are poised to disappoint in the second half of 2022, casting a gloom over OLED display driver IC (DDI) demand prospects for the latter part of this year, according to industry sources.

28 Jul

Latest News and Trends

Laster Tech to post revenue growth through 4Q22

July 28, 2022
By jeff

LED automotive lighting module maker Laster Tech expects to post sequential revenue increases through the fourth quarter of 2022, with revenue for the year registering a 13-15% surge compared to 2021.

28 Jul

Latest News and Trends

PTI expects flat performance in 3Q22

July 28, 2022
By jeff

Powertech Technology (PTI) will be striving to keep its third-quarter revenue about on par with the second-quarter level amid volatile market conditions, according to the memory and logic backend house.

28 Jul

Latest News and Trends

Unimicron sees HDI board demand remain robust

July 28, 2022
By jeff

PCB maker Unimicron Technology has seen demand for its HDI boards remain robust, likely to help maintain the capacity utilization for this product segment at 80-90% in the third quarter of 2022, according to the company’s CFO Tsai-Sheng Shen.

28 Jul

Latest News and Trends

UMC co-president to visit Samsung ensuring order commitments

July 28, 2022
By jeff

Jason Wang, co-president for Taiwan-based foundry United Microelectronics (UMC), will fly to South Korea with a team of 10 staff on July 31 to meet Samsung Electronics’ newly-appointed management aiming to secure order commitments from the IDM vendor, according to industry sources.

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