LED automotive lighting module maker Laster Tech has disclosed it has expanded production capacity for headlights controllers at its factory in northern Taiwan.
Server ODMs have been working keenly to adjust their components inventory. In addition to cutting orders for new components, they have been eager to deliver server shipments in a bid to turn their products into cash fast, according to sources from the upstream supply chain.
As the boom of remote learning and work-from-home wanes and inflation has stopped consumers from spending, the rising inventory has become an issue for the Asia electronics industries.
China-based SMEC (Semiconductor Manufacturing Electronics, ShaoXing), an affiliate of China’s top foundry SMIC, has filed an application to launch its IPO on the Sci-Tech Innovation Board (STAR) of the Shanghai Stock Exchange, looking to raise CNY12.5 billion (US$1.86 billion) to finance its 8-inch fab capacity for MEMS, IGBT and MOSFET chips, according to industry sources.