The South Korea-China rivalry for the dominance over electric vehicle (EV) battery production is intensifying, as companies from both camps have successively rolled out plans to build overseas factories, according to media reports.

China, the second-largest electric vehicle(EV) market, is aggressively deploying charging infrastructure, including battery swapping stations. Multiple businesses have launched swapping services backed by government subsidies. However, challenges like lacking standardized batteries may slow down the democratization.

Taiwan-based server makers continue to enjoy robust order visibility, and are upbeat about sales prospects for the second half of 2022, according to industry sources. Companies including Inventec, Quanta Computer, and Wiwynn are all poised to post double-digit on-year revenue increases this year.

Taiwan-based RichWave Technology, which specializes in Wi-Fi FEM (front-end module) solutions, expects Wi-Fi core chip shortages to ease in the second half of 2022 significantly buoying its shipments for the period.