AEM, a global leader in test innovation, expands its operation by having a new site in Malaysia and the US. AEM will also expand its R&D centers in the aforementioned countries and Singapore. The new facilities are scheduled to start operating by the end of 3Q22.
IGSS, an applicant for the US$10 billion semiconductor incentive scheme, is looking to set up its fab in southern India. Renesas, eyeing opportunities in India, has expanded its relationship with Tata Group.
In the latest Asia IC50 survey, Japanese automotive chip manufacturer Renesas, ranked the 9th largest semiconductor company in revenues and in operational income, celebrates outstanding performance in 2021 despite difficulties, and anticipates robust growth to continue as chip demand surges.
The growing presence of Chinese manufacturers in the supply chains for Apple devices will not necessarily promise profits from their assembly services, and it remains to be seen whether the Chinese makers can fully replace their Taiwanese peers in providing quality volume-production of Apple products, according to supply chain sources.
The world's largest battery maker CATL launched its third-generation cell-to-pack (CTP) battery Qilin last week with a maximum energy density of 255Wh/kg for ternary battery system and 160Wh/kg for LFP battery system.
In November 2021, Zillow, a US-based real estate online marketplace, announced it would terminate the practice of relying on algorithms to buy and sell houses. Thanks to the malfunctioned machine learning (ML) models, the company lost almost US$330 million in Q3 2021, according to its financial report.
Reliance Jio, the largest wireless carrier in India, reportedly may buy 5G telecom gears from suppliers other than Samsung Electronics, Jio's current 4G partner.
Chinese companies in Asia IC50 2022 ranking attracted attention over their surprisingly high revenue growth in 2021, which are much higher than the growth of their peers in South Korea, Japan, and Taiwan, due to chip crunch and the nationalistic "buy China" campaign.
Car parts supplier Daiichi Kasei Co (IKKA) has announced that it is acquiring Japan-based tier-2 automotive supplier Sol-Plus and its subsidiaries in Japan and Thailand with cash and stock swaps. The acquisition will complement IKKA's presence in the global EV supply chain.
LG Energy Solution has signed a memorandum of understanding (MoU) with US-based mining company Compass Minerals for battery-grade lithium materials. According to Korean news outlets, this was LGES's first agreement with an American lithium supplier.
Sales of LCD TVs during the 618 shopping festival in China were lower than expected, which could force panel makers to realize production cuts more broadly, according to industry sources.
DIGITIMES released the Asia IC50 2022 ranking on June 30 as the semiconductor industry is sailing into a sea of uncertainties. The stellar performance of semiconductor industry companies in 2021 was reminiscent of a two-year bull market while ebbing demand in some sectors in Q2 2022 marked the imminent correction of the over-heated business cycle.
Renesas, a Japan-based advanced semiconductor solutions provider, will partner with Tata Group's subsidiaries on EVs, semiconductors, and telecom networks, highlighting the ever-deepening partnerships between the two companies.
