Corning expects shipment volume of its Display Technologies product line to decline sequentially by a mid-teen percentage in the third quarter of 2022, in line with the market expectation and lower panel maker utilization, the company said in a statement.
United Microelectronics (UMC) will continue to run its fabs at full capacity utilization in the third quarter of 2022 when the pure-play foundry expects to post flat sequential increases in both unit shipments and ASPs.
Germany-based solar vehicle manufacturer Sono Motors announced that it would start the production of its solar-powered vehicle Sion in the second half of 2023 in Finland.
Vedanta and Foxconn, jointly applying for India’s INR760 billion semiconductor and display fabs incentive scheme, are eyeing an INR1.6 trillion investment in India’s western state Maharashtra.
Actron Technology founder Ming-Kuang Lu was reported to quit chairmanship at the automotive diode maker, arousing curiosity among readers about what drove his intention. Soon after new directors and supervisors were elected on May 27, Lu explained that he had been planning to retire at the right age and the time had come.
Jason Wang, co-president for Taiwan-based foundry United Microelectronics (UMC), will fly to South Korea with a team of 10 staff on July 31 to meet Samsung Electronics’ newly-appointed management aiming to secure order commitments from the IDM vendor, according to industry sources.
PCB maker Unimicron Technology has seen demand for its HDI boards remain robust, likely to help maintain the capacity utilization for this product segment at 80-90% in the third quarter of 2022, according to the company’s CFO Tsai-Sheng Shen.
Powertech Technology (PTI) will be striving to keep its third-quarter revenue about on par with the second-quarter level amid volatile market conditions, according to the memory and logic backend house.
LED automotive lighting module maker Laster Tech expects to post sequential revenue increases through the fourth quarter of 2022, with revenue for the year registering a 13-15% surge compared to 2021.