Global smartphone shipments are expected to experience another quarter of on-year decline in the second quarter of 2022, dropping for four quarters straight since third-quarter 2021.
Taiwan-based panel makers, which have been strapped by falling panel prices and waning demand, will bear the brunt of planned electricity rate hikes starting July, according to industry sources.
Manufacturers are advised to boost their “cyber resilience” besides cyber defense, while semiconductor makers are bracing for potential nation-state-operated cyberattacks and insider attacks, said Eddie Stefanescu, general manager of Claroty’s Asia Pacific and Japan business. The Israel-born company is to open a new office in South Korea in July.
Backed by TCL CSOT’s India plant, TCL has launched three smart TVs in India, in a bid to become the leader of the fast-growing market segment and to export products overseas in the future.
Total touch solution provider Apex Material Technology (AMT) currently utilizes 90% of production capacity and aims at gross margin of 42% for 2022 business, according to company chairwoman and president Lillian Chao.
Kia reportedly will adopt battery cells from China-based CATL for its new generation of Niro electric vehicle (EV), which industry sources said could be a starting point for Chinese battery makers to foray into South Korea’s car manufacturing market.
China-based silicon wafer makers are aggressively proceeding with capacity expansions for 12-inch offerings, which is expected to improve the country’s semiconductor self-sufficiency, according to industry sources.