CHICAGO, May 27, 2022 /PRNewswire/ According to a research report "Monolithic Microwave IC Market by Component (Power Amplifiers, LNA, Switches), Material Type (GaAs, InP, GaN), Frequency
/PRNewswire/ According to a research report "Monolithic Microwave IC Market by Component (Power Amplifiers, LNA, Switches), Material Type (GaAs, InP, GaN),.
Win Semiconductors Corp (穩懋半導體), the world’s largest pure-play gallium arsenide foundry, yesterday said that it is slowing capacity expansion this year as sluggish demand from Chinese smartphone chip designers is driving factory utilization to less than 70 percent this quarter.
The company plans to add 2,000 wafers per month to its plant in Taoyuan’s Gueishan District (龜山) by the end of this year, instead of 4,000 wafers as planned previously.
However, construction of a new factory in Kaohsiung’s Lujhu District (路竹) is to proceed as planned, as the new capacity aims to address longer-term demand in the next two to three years.
Besides,
The Ministry of Economic Affairs (MOEA) yesterday said it has approved 10 companies’ applications to invest NT$40.7 billion (US$1.47 billion) as part of the government’s Invest in Taiwan initiative.
Printed circuit board maker (PCB) Unimicron Technology Corp (欣興電子) applied for a second round of investment totaling NT$26 billion to add eight production lines in Hsinchu County to expand its flip chip substrate capacity, the ministry said yesterday.
The company is expanding to meet rising demand from 5G applications, consumer electronics and automotive components, it said, adding that the investment would create 677 local jobs.
The new project would bring Unimicron’s
FINANCIAL SERVICES
<strong>Bank nears approval: FSC</strong>
Web-only Next Commercial Bank Co (將來商業銀行) is likely to gain regulatory approval to begin operating by the end of the year, Financial Supervisory Commission (FSC) Chairman Thomas Huang (黃天牧) said yesterday at a meeting of the Legislative Yuan’s Finance Committee. The bank still needs to address some issues after an inspection in April regarding its information system purchase, Huang said. Two other Internet-only banks, Rakuten International Commercial Bank Co (樂天國際商銀) and Line Bank Taiwan Ltd (連線商業銀行), launched earlier this year, with 60,000 and 459,000 users respectively as of Tuesday, FSC data showed. SEMICONDUCTORS
<strong>Win Semi reports profit</strong>
Win