Foxconn and Yageo restructure XSEMI joint venture

Foxconn and Yageo announced a strategic semiconductor collaboration. XSEMI, their joint IC design company, will transfer its IC and SiC component/module business to a new Foxconn subsidiary for NTD 204 million. Yageo will hold 55% of XSEMI and Foxconn 45%.

“FOXCONN will focus on automotive IC and solutions, while YAGEO will focus on developing MOSFET products.”exportsemi.com

• 1 source
• exportsemi.comFOXCONN Cooperate with YAGEO Tap into Semiconductor Market, Joint Venture Share ICSiC BusinessMay 16, 2024

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