Foxconn and Yageo to establish ‘small IC’ semiconductor company
📊Executive Summary
Foxconn and Yageo Corp. announced the formation of XSemi Corporation, a joint venture focused on developing small integrated circuits (ICs) aimed at the analog semiconductor market. This venture, headquartered in Hsinchu, Taiwan, seeks to enhance their supply chains and capitalize on the growing demand for small ICs, particularly in the automotive and 5G sectors. The analog semiconductor market is projected to reach $25 billion by 2025, and the power semiconductor market is expected to grow to $45 billion within five years. The collaboration aims to mitigate supply chain disruptions, particularly in light of Foxconn's recent shipment reductions due to the global semiconductor shortage. This strategic move positions both companies to better serve high-end clients and expand their product offerings....
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