# Yageo to acquire 20.23% stake in uPI Semiconductor for NT$5.31 billion

Yageo Corp plans to acquire a 20.23% stake in power management chip designer uPI Semiconductor Corp for up to NT$5.31 billion (US$164.6 million) via a private placement, becoming the largest single stakeholder.

- Type: Acquisition
- Announced: 2024-05-24
- Where: TWN
- Value: $164.6M (5.31B TWD)
- Status: announced
- Products: power management ICs, MOSFET, Vcore controller ICs
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Yageo Corporation](https://endata.com/companies/21631.md) (acquirer)
- [uPI Semiconductor Corp](https://endata.com/companies/77649.md) (target)

## Sources

- [taipeitimes.com](https://www.taipeitimes.com/News/biz/archives/2024/05/25/2003818346), 2024-05-24: "We believe uPI’s strong design capabilities across many different important semiconductor products... will best complement our existing portfolio."

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