Inflation Reduction Act has corporations worldwide looking to participate in the lithium battery sector

The lithium battery sector has become the hottest due to the US recently passing the Inflation Reduction Act of 2022 (IRA). The IRA is aiming to fight inflation with green energy while building American manufacturing. The emphasis of the act is on renewable energy, independent energy storage, and electric vehicles (EVs), all of which involve lithium batteries.

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Global 200mm fab capacity to surge 20% through 2025, says SEMI

Semiconductor manufacturers worldwide are expected to see their combined 200mm fab capacity increase 20% from 2021 through 2025, adding 13 new 200mm lines as the industry reaches a record high of more than seven million wafers per month (wpm), according to SEMI. Surging demand for automotive and other applications are driving the capacity expansion for power semiconductors and MEMS.

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