China’s top-2 foundries SMIC and Hua Hong Semiconductor have shown mixed views on whether to raise foundry quotes to offset cost increases, while a new wave of price hikes seems to be looming following TSMC’s plans to increase quotes for both advanced and mature processes in 2023 and Samsung Electronics reportedly also to adjust upward service charges in the second half of 2022, according to industry sources.

LFP (lithium ferro-phosphate) batteries are gaining momentum in EV applications, especially for electric buses and energy storage systems, with Foxconn’s electric buses also adopting such batteries, according to supply chain sources.

With 6.5 million users on its app, Taiwan Taxi has moved beyond transport and secured a footing into the service sector. The huge repository of data allows the company to identify cab-hailing hotspots and promote customized services.