Foxconn Technology Group has advanced further in building its semiconductor and EV ecosystems by making strategic investment in a Taiwan-based maker of SiC (silicon carbide) substrates needed to support mass production of SiC MOSFET chips for EV applications at its own 6-inch wafer fab, according to industry sources.
Notebook ODMs saw June revenues rise from a month ago thanks to the lifting of the COVID-19 lockdowns in eastern Chinese cities and the related upstream supply chain will be fully restored by mid-July, according to sources from notebook component suppliers.
AU Optronics (AUO) shipped TFT-LCD panels totaling 1.585 million square meters in June, decreasing 9.7% sequentially, while fellow maker Innolux shipped 11.19 million large-size and 30.39 million small- to medium-size panels, increasing 5.7% and 11.1% respectively on month, according to the companies.
Tight capacity supply at 8-inch wafer fabs is on track to ease on weakening demand for large-size display driver ICs, CMOS image sensors (CIS) and even power management ICs (PMIC) for consumer electronics devices, inspiring PMIC vendors to reserve more capacity for 2023 to brace for a possible rebound in demand, according to industry sources.
Battery swapping for electric vehicles keeps making progress in China. NIO, one of the leading service providers, has offered more than 10 million swaps. In addition, Livan Automotive, a new EV maker backed by Geely, plans to roll out six battery-swapped models in three years.