Foxconn teams up with Yageo to make small integrated circuit products
June 19, 2021
Tech

Foxconn join hands with Yageo to manufacture small integrated circuit products

TAIPEI (TAIWAN) – Foxconn announced a joint venture with Yageo Corp to make small integrated circuit (IC) products in a move into the semiconductor industry.

The semi conductor industry has been hit by a shortage that has rattled the global automotive and electronics sectors.

The two companies will set up a new firm in Taiwan called XSemi Corporation to “extend the businesses into the semiconductor industry, including product development and sales,” Foxconn said in a statement.

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