Recent #Foxconn news in the semiconductor industry

2 days ago

➀ Foxconn is reportedly bidding for Singapore-based UTAC to expand chip packaging capabilities, with a potential $3 billion deal;

➁ UK startup SCI Semiconductor raised £2.5M to develop CHERI-based secure microcontrollers, planning to expand its team in Sheffield;

➂ Nvidia partnered with Texas Instruments for 800Vdc data centers to enhance AI processor power efficiency, while Renesas abandoned SiC market plans due to Wolfspeed’s instability, and Dyson launched a slim vacuum cleaner with improved hair-cleaning features.

FoxconnMCURenesas
3 months ago

➀ Foxconn's Chairman Young Liu claims that the Trump administration's tariff strategy is causing a 'big headache' for the company's largest tech partners.

➁ Liu discusses the impact of the U.S. government's recent trend of rapid declaration and rescinding of tariffs on Foxconn's business.

➂ The article explores how the unpredictability of the U.S. government's tariffs is affecting the tech industry and Foxconn's manufacturing plans.

FoxconnTariffsUS Governmentsemiconductortech industry
5 months ago
➀ Kioxia's IPO on the Tokyo Stock Exchange valued the company at $5.8 billion. The Bain-led consortium, which previously owned 56.2% of Kioxia, sold a small number of shares to reduce its holding to 50.7%. The consortium paid $18 billion for its stake in 2008. ➁ Before the IPO, other significant shareholders included Toshiba (41%) and Hoya (3%). The Japanese government bailout funds INCJ and DBJ controlled 16.7% of the voting rights. ➂ Kioxia holds a 13.8% share of the NAND market.
HynixAppleDellFoxconnIPOKioxiaTokyo Stock ExchangeWestern Digitalsemiconductor
6 months ago
➀ Kioxia is set to receive approval for its listing on the Tokyo Stock Exchange at a valuation of $4.84 billion. The company's valuation has dropped sharply from its previous cancelled IPO in October, where it was seeking a valuation of $10.3 billion.➁ Kioxia has faced various offers and acquisitions over the years, including a $30 billion offer from Foxconn in 2017, a $18 billion acquisition by a Bain-led consortium in 2018, and a $20 billion offer from Western Digital in 2022.➂ The Bain consortium owns 56% of Kioxia, Toshiba owns 41%, and the Japanese government bail-out funds INCJ and DBJ control 16.7% of the voting rights.
FoxconnIPOKioxiaTokyo Stock ExchangeToshibaValuationWestern Digitalsemiconductor
7 months ago
➀ Kioxia is expected to file for an IPO on the Tokyo Stock Exchange in H1 2025 using a new listing process. The company decided not to proceed with a planned listing in October due to unfavourable market conditions. The new process allows the company to engage with potential investors before the IPO is approved, making the valuation less susceptible to market fluctuations.➁ Kioxia aims to achieve a valuation of $6.5 billion at its listing next year, down from the $10.3 billion it was seeking before the cancelled October IPO.➂ The company has a complex ownership structure with Bain consortium and Toshiba owning significant stakes, and Japanese government funds controlling a portion of the voting rights.
FoxconnIPOKioxiaTokyo Stock ExchangeValuationWestern Digital
7 months ago

➀ HP's servers are experiencing a surge in sales due to the adoption of NVIDIA's 'world's strongest AI chip', the GB200;

➁ Major cloud service providers like Microsoft and Meta are actively introducing GB200 and expanding their purchases of the higher-end NVL72 cabinets;

➂ Foxconn, as the exclusive supplier of GB200 and NVL72 cabinets, is seeing a flood of orders and a significant boost in server business.

AI ChipFoxconnMetaMicrosoftNVIDIA
8 months ago
➀ Foxconn Chairman Young Liu believes the AI boom still has some time to go as AI models are becoming more intelligent with each new iteration. ➁ Progress towards Artificial General Intelligence (AGI) is positive for the AI server industry, benefiting Foxconn's growth. ➂ Demand for Nvidia's Blackwell server chip, manufactured by Foxconn, is exceeding expectations. ➃ Liu sees 'on-device' AI as the next significant growth opportunity for the company. ➄ The rise in smartphone sales, driven by AI features, indicates a potential supercycle for the industry.
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