China-based ODM Wingtech Technology has seen semiconductor sales significantly bolster its profits since acquiring in late 2019 Nexperia, a Dutch supplier of discrete and MOSFET components as well as analog and logic chips, and is on track to expand its presence in the semiconductor sector through more acquisition and R&D projects, according to industry sources.

PanelSemi, a provider of display hardware/software integration services, has an ambition of making Taiwan’s display industry the global leader in developing third-generation displays, according to the company chairman and CEO Ting Chin-lung.

Worldwide semiconductor sales came to US$50.6 billion in March, up 1.1% sequentially. Sales totaled US$151.7 billion for the first quarter of 2022, down by a slight 0.5% on quarter but up 23% on year, according to data disclosed by the Semiconductor Industry Association (SIA).

Semiconductor consortium ISMC, a joint venture between Tower Semiconductor and Next Orbit Ventures, has announced to invest US$3 billion to set up a 65nm chip-making plant in Mysuru, Karnataka, the first and largest semiconductor fab in India, according to The Economic Times.