Japanese electronic component maker Kyocera has proposed a plan to nearly double the company’s equipment investment for the next fiscal year, with an emphasis on chipmaking equipment and EV components. The company’s goal is to double its revenue and triple its operating profits within 6 years.
Electric vehicles (EV) are viewed as computers on wheels, the new driving force for the revival of the ICT industry, and even the convergence between electronics and automotive industry. Here are several key trends: EV sales hit record 10 million in 2022, while China accounted for 70% of global sales. The EV industry will give China critical leverage in its trade war with the U.S. Secondly, diversification in manufacturing has become more important, with the growing EV market and even affecting semiconductor manufacturing presence. Last, volume manufacturing is undergoing evolution. V2X solutions are slated to boost the market growth and reshape our daily life in the future.
The clear development trend for advanced technologies has changed the business model of traditional instrumentation equipment vendors, driving them to adopt an integrated strategy of ‘software and hardware integration,” according to David Lo, marketing vice president at the Taiwan branch of Keysight Technologies, a US-based supplier of electronic test and measurement equipment and software.
China is looking to restrict technology exports for solar wafers, which is raising concerns among lithium battery makers in other countries as to whether they will become the next target of China’s export bans. But makers in the supply chain have pointed out that the lithium battery sector catering for storage systems and electric vehicles (EV) is one that sees close interaction between suppliers and clients, and if China imposes an export ban on lithium batteries, it may hurt itself as well.
By 2027, 60% of market leaders will have systemic, structured digital innovation programs and investments that support ongoing iterative innovation, enabling growth, scale, agility, and resilience, according to IDC, a global provider of market intelligence and advisory services focusing on the information technology, telecommunications, and consumer technology markets
Contact image sensor (CIS) module maker Asia Tech Image recorded net EPS of NT$7.98 (US$0.268) for 2022, the historically highest annual level, according to the company.
Vietnam’s commercial hub Ho Chi Minh City announced an effort to court a $3.3 billion investment from Intel Corp., only to amend much of its original statement to remove mentions of the US chipmaker.
Lithium iron phosphate (LFP) battery supply chain players outside China are moving to seek backup supply packages as they are worried that China’s upcoming restrictions on tech exports for solar wafers might be extended to LFP batteries, according to sources close to renewable energy developers.