Taiwanese electronics giant Foxconn has purchased a chip plant for $90.8m from its compatriot, Macronix International.
“Macronix is pleased to see the subject 6-inch wafer fab continue to make its contribution to Taiwan as Foxconn commits to have the fab be used as an important base for Foxconn to reinforce its semiconductor development plan and to meet the demand of electric vehicles,” said Miin Wu, chairman and CEO of Macronix, in a canned statement on Foxconn’s website.
The sales agreement includes Macronix’s 6-inch wafer fab and equipment, but no employees, in Taiwan’s Hsinchu Science Park and is planned to close by the end of 2021.
The facility will focus on silicon carbide semiconductors, or SiC chips, that have high-voltage resistance and good thermal dissipation, and are often used in 5G base stations and fast-charging facilities.
