XSemi Corporation

Foxconn and Yageo announced plans to establish a semiconductor company called XSemi Corporation, focused on small IC development and sales. The joint venture will be headquartered in Hsinchu, Taiwan.

Foxconn and Yageo formed a joint venture called XSemi, headquartered in Hsinchu, Taiwan, to develop semiconductor chips for electric vehicles, robotics and health electronics.

Yageo Group and Hon Hai Technology Group announced a joint venture agreement to form XSemi Corporation, based in Hsinchu, Taiwan, to extend into the semiconductor industry focusing on small ICs with average selling prices under $2.00.