# Yageo and Hon Hai form semiconductor joint venture XSemi

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.

- Type: Acquisition
- Announced: 2021-05-05
- Where: Hsinchu, Taiwan, TWN
- Status: announced
- Products: semiconductor chips, small ICs
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Yageo Corporation](https://endata.com/companies/21631.md) (partner)
- [Hon Hai Technology Group](https://endata.com/companies/50180.md) (partner)
- [XSemi Corporation](https://endata.com/companies/54916.md) (target)

## Sources

- [honhai.com](https://www.honhai.com/en-us/press-center/press-releases/latest-news/597), 2021-05-05: "Yageo Group and Hon Hai Technology Group today announced to enter into a joint venture agreement to form XSemi Corporation"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.