IC design houses, particularly those specializing in chips for handsets and other mass-market device applications, are under pressure to lower their prices amid sluggish end-market demand. But price competition will be confined to only some chip segments in the short term as foundry costs remain high and overall chip shortages have yet to fully ease, according to industry sources.

Industrial and embedded motherboard and system-on-module maker Axiomtek focuses 2022 operation on strengthening marketing in North America and Europe, including expanding cooperation with local partners and increasing the size of its staff there, according to the company.

Amid the global supply chain shift, digitization and climate change, Tata Group is accelerating its business transformation, including planning to launch a battery company for the global market.

Taiwan’s clean room engineering specialist Acter Group has seen a record high number of ongoing contract construction engineering projects, as semiconductor fabs in Taiwan and China continue their capacity expansion momentum.