Automotive diode vendor Actron Technology has set a five-year business development roadmap, aiming to have its shipments for NEV (new energy vehicle) applications catch up with those for ICE (internal combustion engine) cars by 2026, apart from maintaining double-digit annual increases.
Foxconn Technology Group (Hon Hai) has shown strong ambition to deepen its EV deployment by building a lithium iron phosphate (LFP) battery cell factory in Kaohsiung, but it will face strong competition in the global LFP market, as existing battery makers are continuing their production expansions.
Chip demand for 5G, AI, and automotive applications continues to grow robustly, but substrates needed to process related chips will remain in short supply until at least 2025, which will accelerate the entry of substrate-free fan-out (FO) backend solutions, such as FOPLP ( panel level package), into the advanced packaging market, according to Robert Lin, general manager of Manz Asia.
LED probing, testing and sorting equipment maker FitTech saw monthly consolidated revenues drop 9.82% sequentially to NT$546.5 million (US$18.8 million) in April 2022 and slip 17.52% on month to NT$450.8 million in May, and is conservative about business operation in June, according to the company.
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IC distributor Weikeng Industrial expects its sales to rebound in the second half of 2022 thanks to an easing of COVID-induced lockdowns and related restrictive measures in China, according to company sources.