Hon Hai and Yageo venture to acquire 30% stake in APEC

XSemi Corp, a joint venture of Hon Hai Precision Industry and Yageo Corp, plans to acquire a 30% stake in Advanced Power Electronics Corp (APEC) for about NT$2.89 billion (US$97.45 million).

“APEC’s products will also complement highly with XSemi’s internally developed power management ICs, silicon carbide chips and modules as total solutions”taipeitimes.com

• 1 source
• taipeitimes.comHon Hai, Yageo venture to acquire 30% APEC stake - Taipei TimesMay 20, 2022

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