Foxconn buys Macronix wafer fab for $90 million

Foxconn buys Macronix wafer fab for $90 million

Business news |
By Peter Clarke

The wafer fab is on the Hsinchu Science Park and the transaction is expected to close before the end of 2021.

Foxconn has been trying to develop a semiconductor manufacturing contract business to complement its electronic manufacturing services business for several quarters. Macronix said the deal signifies a deeper commercial collaboration between Macronix and Foxconn.

Foxconn said it will use the plant to manufacture silicon-carbide power MOSFETs and MEMS to help it meet it strategic goals in serving the electric vehicle and digital health markets.

“The acquisition of the 6-inch wafer fab in Hsinchu Science Park officially signals Foxconn’s entry into the manufacture and development of wide band gap semiconductors, especially silicon-carbide, paving the way for a long-term commitment to semiconductor development,” said Young Liu, chairman and CEO of Foxconn.

The 6-inch wafer fab will function as headquarters for Foxconn’s semiconductor business group.

Macronix said it will focus on manufacturing 3D NAND and NOR flash products on 300mm-diameter wafers.

“Considering that Macronix is advancing to take the lead in the global automotive electronics market, a closer collaboration between Macronix and Foxconn in the near future may be anticipated,” said Miin Wu, chairman and CEO of Macronix.

Related links and articles:

News articles:

Foxconn in talks to buy memory fab

Foxconn, Yageo form semiconductor joint venture XSemi

What really drives the Foxconn Stellantis joint venture

If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News


Linked Articles