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Yageo Group and Hon Hai Technology Group announced a joint venture agreement to form XSemi Corporation, based in Hsinchu, Taiwan, to extend into the semiconductor industry focusing on small ICs with average selling prices under $2.00.
“Yageo Group and Hon Hai Technology Group today announced to enter into a joint venture agreement to form XSemi Corporation”honhai.com
Summarized from public sources; check the original articles before acting on it.