Battery storage systems (BESS) are becoming cheaper because of the rising popularity of electric vehicles (EVs). This allows BESS to have a more cost-efficient production cycle due to economies of scale.

Just as the world awaits the US Senate vote on the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act, Intel announced that Taiwan-based fabless company MediaTek has become a customer of its foundry service business. The win for sure is a milestone for Intel, but MediaTek would be the one to reap multiple benefits.

OSATs have started slowing down wirebonding and other mature packaging capacity expansions in response to waning chip demand for consumer applications, but leading players such as ASE Technology remain committed to building more capacity for processing HPC chips, according to industry sources.