ChipMOS, Tsinghua Unigroup Form Joint Venture

ChipMOS TECHNOLOGIES INC. (listed on the Taiwan Stock Exchange under Stock Ticker 8150 and on the NASDAQ under Stock Ticker IMOS; hereinafter “ChipMOS Taiwan” or “ChipMOS”) and Tsinghua Unigroup Ltd. (“Tsinghua Unigroup”) today announced an agreement to form a joint-venture and to mutually terminate Tsinghua Unigroup’s earlier private placement plan. Under the joint-venture agreement, ChipMOS TECHNOLOGIES (BVI)…

LiDAR Market to Reach $1.1B by 2023

LiDAR Market size is expected to reach USD 1.1 billion by 2023, according to a new research report by Global Market Insights, Inc. The industry is characterized by key notable players offering advanced, diverse and cost-effective solutions. Rising urbanization and large scale infrastructural development will contribute to the growth of global LiDAR market size over the forecast timeline.…

IHS Markit flat panel display market forecast.

Tight Component Supply Stabilizes LCD Panel Costs

Tighter supply of color filters, polarizers and driver ICs, coupled with strong consumer electronics demand during the holiday stock-up, is slowing production cost reductions for LCD panels, according to WitsView, a division of TrendForce. “As upstream suppliers are less willing to make further price concessions, panel makers are constrained in their cost-cutting efforts,” said WitsView. “In…