May 31, 2023ACQUISITIONTWN XSemi transfers IC and SiC business to Hon Hai subsidiary
XSemi Corporation will transfer its IC and SiC product and module business to Hon Hai's newly set up IC design subsidiary for NT$204 million. YAGEO and Hon Hai will adjust XSemi's shareholding to 55% and 45% respectively.
Productspower management ICsSiC power modulesMOSFETs
“After this shift in strategy, Hon Hai and YAGEO will be able to collaborate on small ICs with a clearer direction.”foxconn.com
- 2 sources
- foxconn.comXSemi carves out IC and SiC product lines to speed up Hon Hai and YAGEO’s strategic partnership on semiconductor development - Hon Hai Technology GroupMay 31, 2023
- yolegroup.comXSemi carves out IC and SiC product lines to speed up Hon Hai and YAGEO’s strategic partnership on semiconductor development │ Foxconn TechnologyGracy AdelineJun 5, 2023
Summarized from public sources; check the original articles before acting on it.
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