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Hon Hai, Yageo to set up semiconductor joint venture 05/05/2021 09:14 PM To activate the text-to-speech service, please first agree to the privacy policy below. Hon Hai Chairman Liu Young-way (right) and Yageo Chairman Pierre Chen. Photo courtesy of Hon Hai and Yageo Taipei, May 5 (CNA) Hon Hai Precision Industry Co. and Yageo Corp. announced on Wednesday that they will set up a joint semiconductor company for product development and sales. Hon Hai Chairman Liu Young-way (劉揚偉) and Yageo Chairman Pierre Chen (陳泰銘) signed an agreement for the establishment of the joint venture named...

Yageo posts NT$5.02bn net profit in Q1 By Chen Cheng-hui / Staff reporter Passive components maker Yageo Corp (國巨) on Thursday reported first-quarter net profit of NT$5.02 billion (US$178.6 million), up 35.5 percent quarter-on-quarter and 113.8 percent year-on-year. Earnings per share were NT$10.17, the highest in 10 quarters, the company said in a regulatory filing. First-quarter revenue was NT$23.75 billion, up 6.9 percent quarter-on-quarter and 136.9 percent year-on-year, the company said, adding that sales in the first three months this year were the highest first-quarter sales in t...

Yageo shares boosted by earnings growth 03/12/2021 03:41 PM Yageo Chairman Pierre Chen. CNA file photo Taipei, March 12 (CNA) Shares of Yageo Corp., the largest multi-layer ceramic capacitor (MLCC) maker in Taiwan, moved higher Friday after it reported more than 80 percent net profit growth in 2020. Yageo shares closed up 1.24 percent at NT$572.00 (US$20.36), off a high of NT$583.00, outperforming the Taiwan Stock Exchange, where the benchmark weighted index ended up 0.47 percent at 16,255.18 after giving up part of its earlier gains. The stock attracted strong buying soon after the market op...