Avi-Tech Electronics

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Lots of info on automotive segment with regards to recovery from covid and book to bill forecasts, from Infineon results call:

https://seekingalpha.com/article/4364361...art=single

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500K investment into Movel AI:

https://webcache.googleusercontent.com/s...clnk&gl=sg

Movel AI, a Singapore-based robotics software startup has successfully raised SGD$1.5M in seed funding co-led by investors 500 Startups, Avi-Tech Pte Ltd, Silicon Solution Ventures (SSV) and Enterprise SG (ESG).

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https://asia.nikkei.com/Business/Electro...uto-demand

Renesas, NXP and other chipmakers raise prices on surging auto demand

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Subaru will further trim production in February. "Securing chips is our priority right now, no matter how high prices go," a Subaru executive said, hinting that the automaker will absorb the price increase

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https://www.reuters.com/article/taiwan-a...SL4N2JZ02D

Germany urges Taiwan to help ease auto chip shortage

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Taiwan’s Ministry of Economic Affairs said it has received requests through diplomatic channels to help ease a shortage of chips for the auto sector although it was not aware of Altmaier’s letter.

It said it had begun talks with domestic chip suppliers in response to requests from other countries and asked them to “provide full assistance”.

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NXP Q4 2020 Earnings Call Transcript:

https://www.nasdaq.com/articles/nxp-semi...2021-02-02

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Now, one last element on this, which everybody tries to understand currently is about the inventory levels. I think at the moment from anything we can see, the supply chains through the auto world are empty. And I say that because I know that every single product we are shipping is immediately built into a car, so that there is just nothing going on a sideline, it all goes through into production immediately. That's why we also clearly said we are supply constrained for the first quarter. And as a reaction to this, I hear quite a few people in the industry speaking about the desire to actually ask for more inventory along the chain in automotive going forward. There is one large US OEM, which actually made even a public statement about how much chip inventory they would like to see at their first-tier customers. So, if you model this on top of the content gains and SAR growth, which we just spoke about, then I think there is a good reason to believe there is a multiple quarter growth pattern ahead of us.
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[Dosser]

62.8% drop in profits for 1H 21 compared with 1H 20:

https://links.sgx.com/FileOpen/Avi-Tech%...eID=647764

Interim dividend reduced.