Taiwan-based Cub Elecparts, dedicated to supplying smart driving-related sensing devices and electrical and electronics parts for car applications, has penetrated its anti-lock braking system (ABS) for recreational vehicles (RVs) into the US market, which will significantly bolster its revenue performance in 2023, according to company chairman SC Yu.
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.
The total value of export orders received by Taiwan-based display panel makers in September decreased significantly, as they cut production to cope with shrinking demand and prices, according to the Ministry of Economic Affairs (MOEA).
Taiwan-based Complex Micro Interconnection, specializing in flexible PCB (FPCB) for military and other niche market applications, is aggressively cutting into EV charging modules with its FPCB, expecting its revenues from automotive applications to double in 2023.
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.
Taiwan’s PCB equipment makers remain optimistic about demand prospects despite orders deferral at the request of some customers, with most of them ending the first months of the year with double-digit revenue gains, according to industry sources.
EVE Energy, one of China’s leading battery manufacturers, announced that it will invest US$422.3 million in a project in Malaysia. The company plans to produce 21700-type cylindrical batteries locally in response to the growing demand for electric two-wheelers in the region.
China-based OSATs including JCET, Tianshui Huatian Technology and Tongfu Microelectronics have seen their capacity utilization rates plummet since the fourth quarter of 2022, due to falling wirebonding and other conventional packaging demand for mature basic ICs, according to industry sources.