Taiwan’s IC test interface solutions providers including Chunghwa Precision Test Tech (CHPT) and WinWay Technology reportedly may almost fully retreat from the supply chain for iPhone Aps in 2023 probably due to increasingly thin profit margins for related orders, according to industry sources.
Taiwan-based PCB makers are expected to benefit from fast growing demand for electric vehicles (EVs), with EV-use PCBs becoming one of the main sources of growth in second-half 2022 sales, according to industry sources.
Amid reports stating that India may limit Chinese vendors in the low-end smartphone market, Chinese investments in India may further slow despite India’s reliance on China for developing the mobile phone manufacturing ecosystem.
SAIC Volkswagen, a China-based joint-venture automaker established by Volkswagen and China-based automaker SAIC Motor, saw sales of its automobiles in the China market in June and July 2022 hike on year by 94% and 85% respectively, according to China-based media reports.