Tejas Networks, an optical, broadband, and data networking products company under the Indian conglomerate Tata is open to more acquisitions and partnerships. Speaking to Digitimes Asia recently, Sanjay Nayak, CEO and MD of Tejas, explained that the goal was to gain access to technologies that would enable the company to reach out to target customers.
SK On and Ford Motor are spending KRW8 trillion (US$6.35 billion) on equipment for EV battery factories they are jointly setting up in the US states of Kentucky and Tennessee, according to South Korean media ET News.
In the first quarter of 2022, Xiaomi secured a 22% share in Vietnam's smartphone market, becoming its second-largest, according to VIR citing Canalys' latest report.
Renesas Electronics has announced an integrated automotive ECU virtualization platform that enables designers to integrate multiple applications into a single ECU that are safely and securely separated from each other to avoid interference. The solution enables customers to adopt new electrical-electronic (E/E) architectures using MCU-based zone ECUs supporting multiple logical ECUs on one physical ECU, said the vendor.
Industrial computing solution provider Advantech expects second-quarter 2022 consolidated revenues to decrease 1.4-5.0% sequentially due to impact of COVID lockdowns in China, according to company CFO Eric Chen.
Radiant Opto-Electronics shipped 6.025 million LED backlight units (BLUs) in April, declining 52.0% sequentially, due mainly to China lockdown impacts.
China-based pure-play foundry Semiconductor Manufacturing International (SMIC) has reported first-quater 2022 sales, but omitted a revenue breakdown by manufacturing process nodes as it had usually disclosed previously.
The rapid growth of electric vehicles (EVs) and energy storage systems has intensified the short supply of lithium batteries, while battery materials prices are being further pushed up by manufacturers' overbooking of materials, according to Chinese media reports.
Taiwan's notebook ODMs Quanta Computer and Inventec both have released positive outlook for their shipment performance in the second half of the year, though some market observers and brand vendors believe the notebook market may be going downhill amid dwindling COVID-driven demand.
The Philippines and Cambodia are seeing acceleration of EV market developments, while Vietnam has support from a foreign group to build solar energy capacity.
Taiwan-based server makers Quanta Computer and Inventec are expecting shipments to grow in the second half of the year thanks to strong demand from US-based cloud service providers.
Optimistic about getting approval under India's chip incentive scheme, Vedanta has started to find customers before building its chip plant, while Ather Energy, one of the few electric two-wheeler vendors not caught in recent fire incidents in India, has received India's government funding.
Even though the Indian government has yet to announce the final list eligible for the US$10 billion incentive scheme for the semiconductor and display fabs, applicants have started looking for customers.
Japan-based multi-layer ceramic capacitor (MLCC) suppliers are seeing robust demand from emerging industries, such as 5G, AIoT, and future vehicles, according to industry sources.
South Korean steel manufacturer Posco has entered into an agreement with Taiwan-based solid-state battery developer ProLogium to supply cathode, anode, and solid electrolyte materials, according to the EV battery maker.
