BEIJING – The worldwide EV market reached almost 11 million units, with a penetration rate of 14% in 2022, according to the latest report from IDC's Worldwide Semiconductor Automotive Ecosystem and Supply Chain. Driven by improved supply, high oil prices, government subsidies, and price-guaranteed promotions by car companies, China’s electronic vehicle market reached almost 7 million units with a penetration rate of 31.3% last year.
BANGKOK – Hana Microelectronics reported first-quarter revenue of THB6.47 billion ($186 million), a 6% increase from the first quarter of 2022.
TOKYO – UMC Electronics announced fiscal year sales of JPY161.7 billion ($1.15 billion), an increase of 20.2% from its previous fiscal year.