Foxconn has bold plans for the electrical car (EV) sector. Its strikes within the semiconductor sector over the previous yr or so are supposed to garner help for Foxconn’s EV ambitions, which have discovered emphatic expressions within the launch of its MIH platform and the institution of the MIH Alliance for the event EVs. Car chip demand has been sturdy, with backend service suppliers upbeat about orders from automotive IC purchasers within the subsequent 3-Four years. Foundry capability could also be in severe scarcity, however aggressive expansions at foundry homes might create oversupply come 2023.
Foxconn plowing deeper into semiconductor and EV: Foxconn (Hon Hai) Technology Group has not too long ago acquired a 5.03% stake or 120 million shares in Malaysia-based Dagang NeXchange (DNeX) for round NT$720 million (US$25.78 million) from current DNeX shareholders, which is able to assist additional deepen its deployments within the semiconductor and electrical car (EV) sectors.
Taiwan OSATs see automotive ICs demand promising for subsequent 3-Four years: Taiwan-based OSATs and chip probing service suppliers are upbeat about backend demand for automotive chips over the subsequent three to 4 years, as worldwide IDMs akin to Renesas and NXP are approaching them for expanded outsourcing help, in keeping with business sources.
Foundries upcoming capability expansions may result in oversupply: Pure-play foundries together with TSMC, UMC, Globalfoundries and Powerchip Technology have all outlined their aggressive capability expansions, which may end in foundry overcapacity after 2023 when new fabs and fabrication traces come on-line, in keeping with business sources.
