Foxconn acquires Macronix's six-inch wafer fab and equipment for NT$2.52 billion

2021-08-05 10:52:39

According to Taiwan Economic Daily News, Macronix International and Hon Hai Technology Group (Foxconn) held a signing ceremony today.
Macronix sold its six-inch wafer fab and equipment located in Hsinchu Science Park to Foxconn for NT$2.52 billion, and the transfer of ownership is expected to be completed by the end of 2021.

According to the report, Foxconn said that after the acquisition of Macronix's six-inch wafer fab, the future main products will be SiC power components. It will also be producing silicon wafer products such as MEMS, which will meet Foxconn's strategic needs for the development of semiconductor, electric vehicle and digital health businesses.

Macronix Foxconn Silicon wafer

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Taiwan's weighted index rose 2.6%, with semiconductor stocks leading the gains, and TSMC rising more than 4%
                            2024-12-23

                                    Huawei's Automotive BU spin-off is in the countdown, and old employees are expected to receive extra compensation when they transfer to other companies? Insider: I haven't heard of it.
                            2024-12-27

                                    Tuanmaimai, the WeChat community group buying business under Meituan (03690.HK), issued an announcement stating that due to platform business adjustments, Tuanmaimai will cease operations from 24:00 on December 31, 2024.
                            2024-12-23

                                    Mao Yinian, Vice President of Meituan: Meituan has invested in several robot companies including Yushu and Galaxy General
                            2024-12-27

                                    A-share SMIC rose more than 5%
                            2024-12-27