Intel CEO Pat Gelsinger has announced the creation of an internal foundry model for external customers and Intel product lines, and the creation of the IDM 2.0 Acceleration Office.

Large-size panel prices are likely to bottom out in the fourth quarter of 2022, resulting mainly from the substantial production cuts by panel makers, according to industry sources.

Taiwanese flexible printed circuit (FPC) suppliers Zhen Ding, Flexium, and Career have all been producing great results due to the traditional third-quarter peak season and Apple’s strong demands. Industry sources believe that revenue will continue to soar until October. However, with negative factors like inflation and the pandemic still in effect, the fourth-quarter performance remains to be seen.

India-based Polymatech Electronics announced it had begun manufacturing Opto-semiconductors and memory modules in its Tamil Nadu plant, a leap for India to build a self-reliant semiconductor ecosystem.