Highlights of the day: Foxconn-Yageo alliance eyes emerging applications

EMS giant Foxconn and leading passive components vendor Yageo have teamed up eyeing emerging applications segments, such as digital healthcare and EV. The Foxconn-Yageo alliance will seek to incoporate the two companies' resources, as well as those of their end customers. Reports about the US set to impose trade sanctions on China's biggest pure play foundry SMIC have sent the notebook ecosystem bracing for more impacts on components supply, which has already been tight due to insufficient foundry capacity in the market. And Taikwan's 8-inch foundries are expected to raise quotes in order to reflect the tight supply.

Foxconn, Yageo form strategic alliance: Foxconn Electronics (Hon Hai Precision Industry) has formed a strategic alliance with passive component supplier Yageo, combining their resources to develop solutions and services for digital healthcare, electric vehicles (EV) and other emerging device applications.

US sanctions on SMIC could further disrupt notebook components supply: If the US imposes trade sanctions against SMIC - the largest China-based pure-play foundry - the already tight global supply of notebook components could worsen, according to industry sources.

Taiwan foundries to hike quotes for 8-inch capacity: Taiwab-based pure-play foundries will raise their 8-inch foundry quotes by more than 15% starting the first quarter of 2021, according to industry sources.

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