Metal chassis maker Catcher Technology saw May consolidated revenues pick up 19.3% on month and 33.2% on year to come to NT$2.6 billion (US$83.8 million) with the combined amount for the first five months of 2023 at NT$8.32 billion, down 19.2% on year.
Periscope and glass-plastic (G+P) hybrid lenses will become the norm as high-end smartphones gain popularity, according to Adam Lin, chairman of smartphone lens module maker Largan Precision.
Touch module maker TPK has disclosed plans to form a joint venture with HD Renewable Energy (HDRE) to develop and produce energy storage systems and charging piles for electric vehicles (EVs). The joint venture aims to capitalize on Taiwan s emerging energy storage business opportunities and the booming EV charging pile market worldwide.
Due to a slump in both volume and prices, revenue in the enterprise SSD market fell 47.3% sequentially to nearly US$2 billion in the first quarter of 2023, according to TrendForce.