Green inflation has not begun yet but is bound to occur within the next decade, and there will be no longer cheap consumer electronics products then, according to Paul Peng, chairman of both LCD panel maker AU Optronics (AUO) and Taipei Computer Association (TCA).
Foxconn Industrial Internet (FII), a subsidiary of Hon Hai Precision Industry, released its first net-zero carbon emission white paper on May 23, pledging a 80% cut on carbon emission from the 2020 basis by 2030, and to realize 100% carbon neurality in its operational premises. It is also targeting to reach net-zero emission for its entire value chain by 2050.
China's top-2 foundries SMIC and Hua Hong Semiconductor have shown mixed views on whether to raise foundry quotes to offset cost increases, while a new wave of price hikes seems to be looming following TSMC's plans to increase quotes for both advanced and mature processes in 2023 and Samsung Electronics reportedly also to adjust upward service charges in the second half of 2022, according to industry sources.
China-based makers produced 312,000 new energy vehicles and sold 299,000 units in April 2022, increasing 43.9% and 44.6% respectively on year, according to China Association of Automobile Manufacturers (CAAM).
Amid a China-plus-one supply chain landscape, Apple reportedly tells suppliers to expand production outside China, while electronic products, including PCs, tablets, and wearables, are delivering a rapid growth in India.
IC production in China represented 16.7% of its US$186.5 billion IC market in 2021, up from 12.7% 10 years earlier in 2011, according to IC Insights. The share is forecast to increase by 4.5pp from 2021 to 21.2% in 2026, or a 0.9pp per-year gain on average, said the research firm.
Along with emerging metaverse concepts, there is growing demand for equipment for package IC and HPC (high-performance computing) chips, as well as bonding mini/microLED chips, according to executive vice president Chong Chan-pin for Singapore-based semiconductor packaging equipment supplier Kulicke & Soffa Industries (K&S).
China's homegrown high-end autonomous driving chips have seen a significant breakthrough in commercial applications, as Chinese AI chip startup Horizon Robotics has over the past month cut into the supply chains of both BYD and FAW Group with its latest automotive-grade AI processor, Journey 5, designed for L4 autonomous driving, according to industry sources.
Ingrasys, a subsidiary of Foxconn Industrial Internet (Fii) and a member of Hon Hai Technology Group (Foxconn), announced that it will make its debut at Computex 2022 to unveil its latest cloud-to-edge solutions that focus on the theme "Your Data, Our Mission" at its virtual booth.
India electric two-wheeler manufacturer Ather Energy and EV charging solution provider Magenta ChargeGrid have signed an MoU to build charging facilities for Ather Energy across India, according to ElectronicsB2B and Autocar India.
The surging costs of lithium batteries and vehicle components continue to pressure suppliers of micro- and small-sized cars in China. Many of them are migrating to the mid-priced tier, whereas Tesla plans to launch cheaper models.