07 May 2021 -

Semiconductor joint venture by Foxconn & Yageo

Foxconn and Yageo earlier this week announced the establishment of a joint venture company, XSemi Corporation, to develop and sell semiconductors.

Foxconn said that the semiconductor industry is currently undergoing the biggest changes in 30 years, and the industrial order will be reorganized. Now is undoubtedly the best time for multi-party strategic cooperation. Xsemi will play the most critical part of Foxconn’s development roadmap.

Pierre Chen, chairman of Yageo Group, said that Xsemi is expected to be established in the third quarter of this year and will initially focus on power and analog semiconductor products with an average unit price of less than two US dollars. At present, it has started discussions with a number of world-class semiconductor companies, and will announce cooperation projects in related semiconductor fields in the near future.

“Through the establishment of the joint venture, Yageo’s product line can be further expanded from passive components to semiconductor devices, providing existing customers with a more complete component supply chain,” Pierre Chen added.

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

Either through the hundreds of manufacturers we purchase directly from, or the international network of component supply-partners offering full product traceability, Astute Safe-Supply, run by sourcing experts and offers a deeper insight into the global components markets.

With real-time access to the latest listings and prices cultivated through several decades of close supplier partnerships, we are able to spot price disparities and leverage product price variances to deliver cost-effective solutions to customers, whilst ensuring a quality, risk-free supply.

For more help with looking at supply chain options, contact Astute Electronics here

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