# Foxconn buys Macronix factory for automotive chips for NT$2.52 billion

Foxconn Technology Group announced it is spending NT$2.52 billion (US$90.76 million) to purchase a Macronix International factory in Hsinchu that produces 6-inch wafers for automotive semiconductors. The deal is expected to close by end of 2021.

- Type: Acquisition
- Announced: 2021-08-05
- Where: Hsinchu, Taiwan, TWN
- Value: $90.8M (2.52B TWD)
- Status: announced
- Products: 6-inch wafers for automotive semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Foxconn Technology Group](https://endata.com/companies/25880.md) (acquirer)
- [Macronix International](https://endata.com/companies/56712.md) (target)

## Sources

- [taiwannews.com.tw](http://taiwannews.com.tw/en/news/4264818), 2021-08-05: "The deal to purchase the plant and the equipment to manufacture 6-inch wafers will be completed by the end of 2021."

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