# Foxconn and Yageo JV XSemi invests NTD 2.89B in Taiwan MOSFET maker APEC

XSemi, the joint venture between Foxconn and Yageo, invested NTD 2.89 billion (EUR 91.6 million) in Advanced Power Electronics Corp. (APEC) via private placement, becoming the largest shareholder with 30.08% stake.

- Type: Investment
- Announced: 2022-05-24
- Where: Taiwan, TWN
- Value: $98.0M (2.89B TWD)
- Status: completed
- Products: MOSFETs, power management IC, SiC chips and modules
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Foxconn](https://endata.com/companies/15170.md) (investor)
- [Yageo Corporation](https://endata.com/companies/21631.md) (investor)
- [XSemi Corporation](https://endata.com/companies/54916.md) (investor)
- [Advanced Power Electronics Corp](https://endata.com/companies/62989.md) (target)

## Sources

- [evertiq.com](https://evertiq.com/design/51891), 2022-05-24: "XSemi in turn invested EUR 91.6 million into Advanced Power Electronics Corp. (APEC) in private placement, becoming the largest shareholder with 35 million shares, or 30.08% of the company"

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