Foxconn spots opportunity in global semiconductor crisis

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Today, the world’s largest electronics manufacturer, Foxconn, has announced it will be forming a joint venture with Yageo Group to develop small Integrated Circuits (ICs), targeting the lower end of the semiconductor market.   The joint venture, set to be called XSemi, will focus on creating ‘small ICs’ with average sale prices below $2, seeking to not only create a steady semiconductor supply to the company&rsquo…

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