Chip demand for driving safety is poised to enter a period of rapid growth as many countries are introducing regulations requiring installation of related safety systems, including driver monitoring systems (DMS), in new vehicles, according to industry sources.
Taiwan’s PCB equipment makers are all optimistic about their shipments for the second half of the year, as they are busy fulfilling orders mainly from IC substrate makers to support their capacity expansions, according to supply chain sources.
LCD panel maker Innolux has been cutting production to cope with persistently weak demand, and expects inventory to decrease to desired levels at the end of fourth-quarter 2022, according to company president James Yang.
Taiwan’s memory maker Windbond Electronics has cut into the supply chain of Europe’s largest e-bike maker with its specialty DRAM, and is also actively developing sales of its flash memory for automotive applications, according to industry sources.
According to Reuters, Intel and Italy’s outgoing government has picked the town of Vigasio in the country’s northern Veneto region as the preferred site of Intel’s planned state-of-the-art packaging facility. Reuters reported that the two parties already reached a comprehensive agreement in early September, but the official announcement would only be made after Italy’s general election held yesterday (September 25).
Vietnam’s leading ICT company FPT Software has launched a new subsidiary, FPT Semiconductor, marking a key milestone for the company as it enters the booming semiconductor industry.
AiSeed Technology (AiSeed), a newcomer to the commercial drone market, was established in Taiwan right before COVID-19 rampaged across the world. Despite the difficulty, it still survived during the pandemic and continues to gain attention at international air shows with its unmanned airborne vehicles (UAV).
LG Energy Solution (LGES) has signed separate partnership agreements with three major critical mineral suppliers in Canada. The latest arrangements to secure lithium and cobalt from Snow Lake Resources, Electra Battery Materials and Avalon Advanced Materials are in line with LGES’ strategic vision to reinforce its key battery materials supply chain in North America, according to the Korean battery maker.