Taiwan-based AP Memory Technology, a Powerchip Technology subsidiary specializing in customized DRAM memory designs and IPs, expects robust PSRAM shipments for a wide range of IoT device applications to drive its revenue growth this year.

Network device manufacturers including Accton Technology, Sercomm and Arcadyan Technology saw their May revenues rebound with sequential increases, and are guardedly optimistic about their business outlook for the second half of this year, according to industry sources.

This Asia tech industry summary will mainly focus on China-based electric vehicle (EV) makers Li Auto, BYD, NIO, and XPeng boosting investment in SiC chips; Sony increasing its CMOS image sensor (CIS) production capacity to surpass that of Samsung Electronics; and South Korea??s Ministry of Science and ICT announcing five major focuses of the country??s semiconductor talent cultivation project.