GaAs foundry Win Semiconductors, which saw its revenue drop 26% sequentially in the third quarter of 2022, expects to post another sequential revenue decline of 11-13% in the fourth quarter. Gross margin is estimated at between 17% and 23%.

With semiconductor inventory woes intensifying at supply chains, even TSMC cannot withstand the subsequent order-cutting storm, as many of its top-10 clients have cut more orders than expected since the third quarter, according to industry sources. But the foundry remains confident about its 2023 sales growth, mainly bolstered by strong order momentum from Apple and new volume orders from other major clients, the sources added.

IC design house MediaTek expects to post another sequential decline in fourth-quarter revenue, with revenue for all of 2022 likely to fall short of its target of 17-19% growth.

Kingyoup Optronics, a semiconductor and optoelectronics equipment maker, is eyeing the emerging business opportunities coming from the compound semiconductor, display, and solar energy products, according to company chairman LJ Chen.

Producers of raw materials for the solar sector are the key beneficiaries of rising demand this year, outpacing profit growth posted by the largest panel manufacturers.

TFT-LCD panel makers AU Optronics (AUO) and Innolux have been actively developing micro LED technology and have scored some points.

With continuous doubt surrounding data center server demands, Microsoft and Google once again reaffirmed their stance that investment in data center construction will remain unchanged, providing reassurance to the server supply chain. However, industry sources pointed out that the market is still changing. Clients will be more realistic in their stocking and upstream demand will remain cautious.

Power supply maker AcBel Polytech has signed with government-sponsored Industrial Technology Research Institute (ITRI) to co-develop SiC-based 6-in-1 drive controllers of power motors for electric vehicles (EVs) with financial support from the Ministry of Economic Affairs (MOEA).

Power supply maker and energy management solution provider Delta Electronics expects devices used in electric vehicles (EVs) to contribute to overall profitability beginning 2023, according to company chairman Yancey Hai.

Amid heightened scrutiny from the Indian government, Xiaomi, India's largest smartphone vendor, has closed its financial services business in India, leaving only the hardware business operating.

Despite a falling global smartphone shipments, Apple enjoys rapid sales growth in India, and is reportedly considering moving iPad production to the country amid China's zero-tolerance COVID-19 policy.

India's antitrust watchdog fined Google twice within a week. Local developers are delighted by the decision and expect a bourgeoning of the mobile ecosystem in the world's third-largest startup ecosystem.