Short-term inventory adjustments begin for automotive peripheral chips
Automotive peripheral chip suppliers in Taiwan and China are enduring a temporary inventory correction, according to industry sources.
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Automotive peripheral chip suppliers in Taiwan and China are enduring a temporary inventory correction, according to industry sources.
ASMedia Technology, an affiliate of Asustek Computer specializing in high-speed transmission chips, expects to post sequential revenue increases through the fourth quarter of 2023, according to company president Lin Che-wei.
Taiwanese server ODMs such as Inventec and Quanta Computer and associated component suppliers are diversifying production locations amid geopolitical tensions, favoring Thailand and Mexico.
Despite issues such as the global economy showing no sign of recovery and the slow season having limited tablet brands' shipment in the earlier half of the first quarter of 2023, tablet brands are starting to place short-term orders at the end of the quarter to replenish their channel inventories. This is expected to benefit overall tablet shipments worldwide to see only a minor drop from a quarter ago, according to DIGITIMES Research's latest figures from the tablet report.
Server chassis specialist Chenbro Micom plans to set up a new numerical control turret (NCT) sampling plant in Mexico. It expects the company to generate sequential revenue increases through 4Q23.