Highlights of the day: Major firms are investing in both mature and cutting-edge technologies

Chip manufacturers are moving their fabrication of automotive chips from 8-inch wafer fabs to 12-inch wafer fabs. Acer is investing in a blockchain firm with NFT ambitions. Infineon is building semiconductor factories in Malaysia.

IDMs migrating to 12-inch fabs for car-use MOSFET, IGBT chips: International integrated design manufacturers (IDMs) are taking the lead to migrate from 8-inch wafer fabs to 12-inch fabs for the production of high-margin automotive metal oxide semiconductor field effect transistor (MOSFET) and insulated gate bipolar transistor (IGBT) power modules to improve their competitiveness in the segment, according to industry sources.

Acer to invest in blockchain startup Starbit Innovation: Taiwan-based notebook giant Acer has announced that it will invest in blockchain startup Starbit Innovation to make a foray into the non-fungible token (NFT) market and be positioned as a leader at the forefront of the digitization of the industry.

Infineon boosting investment in Malaysia for SiC and GaN semiconductors: Infineon Technologies has announced that it is investing more than EUR2 billion (US$2.27 billion) to build a third module at its site in Kulim, Malaysia, aiming to consolidate its market leadership in power semiconductors by adding manufacturing capacities in the field of wide bandgap semiconductors. Once fully equipped, the new module will generate EUR2 billion in additional annual revenue with products based on silicon carbide (SiC) and gallium nitride (GaN), the German semiconductor manufacturer said in a press release on February 17.