Dagang NeXchange Berhad (DNeX) and Big Innovation Holdings (BIH), a wholly-owned subsidiary of Hon Hai Precision Industry (Foxconn), plan to set up a joint venture company to build and operate a new 12-inch wafer fabrication plant in Malaysia.
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.
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.
With the lingering pandemic spurring hybrid work, growth in tablet shipments into India remains high. New competitors such as Xiaomi may further encourage more consumer choices and demand in the market where Lenovo, Apple, and Samsung Electronics lead.
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.