Globalwafers to help ease 12-inch wafer shortage in the US; Sharp buys back SDP as wholly-owned subsidiary

This week's Asia tech industry summary will focus on Globalwafers' plan to establish a 12-inch silicon wafer factory in the US' Texas to mend the shortage of large-size silicon wafers in the US, while Globalwafers' Japan-, Germany-, and Korea-based competitors have also been expanding their capacities in Asia; Sharp has purchased back Sakai Display Product (SDP) to make it a wholly-owned subsidiary in a bid to improve the brand business and stabilize its panel supply; Alibaba has acquired the license for a road test of its L4-level autonomous driving trucks. Other companies that crossed from Internet services businesses to the logistics fields include Meituan and JD.com