Dutch semiconductor equipment maker ASML CEO Peter Wennink told its investors on Nov 11 that the impact of the US-China chip war will have a limited impact on the company and forecast that its annual sales will more than double by 2025.
Power management IC design house Silergy expects current decreased shipments to remain until mid-2023 because main clients will keep cleaning their inventories until the first half of 2023, according to company chairman Issac Chen.
For the upcoming G20 Summit in Bali, Indonesia, the local police are riding electric scooters while on duty, showcasing the government’s efforts in transitioning to zero-emissions transportation.
PC brand vendors are gearing up product promotions in Asia Pacific, where end demand is not undermined by the inflation as seriously as in Europe and North America and some vendors are even competing for procurement orders in Asia Pacific with prices only half of the costs, according to Andrew Hou, Acer president of Pan Asia Pacific.
IC distributors are aggressively expanding their deployments in non-consumer chips products and third-generation semiconductors like GaN and SiC devices that remain in stable demand for automotive, energy-saving and other niche applications, as supply chains are still engaged in inventory adjustments for consumer chips solutions, according to industry sources.