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The passive component giant Yageo held its shareholders' meeting on May 30. Founder and chairman Pierre Chen stated that current inventory adjustments have reached a healthy level. The capacity utilization rate for standard products has increased from 50% to 65%, and for niche products from 70% to 75%, with the expectation that inventory will be fully adjusted by the first half of 2024.
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Passive component maker Yageo has disclosed plans to take part in uPI Semiconductor's impending private placement. uPI Semiconductor is an affiliate of Asustek Computer specializing in Power Management ICs (PMIC) and power discretes, such as MOSFETs. Assuming the purchase goes through, Yageo will become the largest shareholder of uPI.
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