In the second quarter outlook for 2024, MediaTek has projected a return to normalcy in shipments after inventory restocking by clients in preceding quarters. Anticipating a decline in revenue within 9%, the semiconductor giant asserts that the smartphone industry’s customary sluggishness during this period remains in line with expectations.

After the successive introduction of chip acts in the United States, the European Union, and Japan, a global trend of building chip fabs has emerged.

Google Taiwan opened its second hardware R&D office building in Banqiao, New Taipei City.