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Taiwan-based CMOS imagery sensor (CIS) packaging giant Tong Hsing Electronics, an affiliate of the Yageo Group, has been working actively to make adjustments to its shareholding in its joint venture XSemi with Foxconn Electronics (Hon Hai Technology Group) to maximize the resources invested, said president of Tong Hsing and XSemi CS Chang during a recent company investor conference.
Inventory adjustments for passive components are ongoing amid unfavorable macro conditions, according to Yageo chairman Pierre Chen, who anticipates L-shaped recovery in the second half of this year.
Advanced Power Electronics is looking to grow sales of its automotive products, which currently accounts for less than 3% of revenue, according to the Taiwan-based MOSFET company.