Foxconn buys Leuven wireless group to create global RF supplier
Hon Hai Technology, the owner of contract manufacturer Foxconn, has acquired arQana’s Wireless Telecommunications business, including an RF design centre in Leuven, Belgium.
Hai Hon will merge arQana with AchernarTek to create a global RF semiconductor component supplier. This will support Foxconn and third-party customers in the wireless telecommunications markets, including applications in automotive and 5G infrastructure.
The deal will see arQana Taiwan, arQana Belgium, and AchernarTek continue developing their high-performance 5G Sub-6 GHz and mmWave products and expanding into connected cars and electric vehicles (EVs) under the a new brand called iCana.
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“Foxconn is a company that shares our vision to be the brightest star in the 5G universe. This acquisition benefits enormously our customers, accelerating our product introductions, shortening components’ time to market, and helping the future growth of the business. We look forward to benefiting the whole 5G infrastructure industry with the adoption of our components and products” said Glenn Vandevoorde, CEO of iCana and former CEO of arQana.
“With the support of Foxconn, we will continue to use our expertise to create new products and penetrate new markets to cover the semiconductor needs of multiple industries, starting with semiconductor components for Electric Vehicles. Being part of the Foxconn family will also boost our ability to innovate faster, navigate the challenges, and capitalize on the opportunities of this decade”
The acquisition will strengthen the chip supply chain by sharing Foxconn’s expertise in 5G connected EVs, a key area of development for the company. It sees RF semiconductors as a fundamental components for connectivity in EVs.
www.icana-rf.com; www.honhai.com
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