TAIPEI :Foxconn said on Thursday it has bought a chip plant from Taiwan chipmaker Macronix International for TUS$2.52 billion , as the electronics giant looks to make auto chips amid its foray into the electric vehicle market.
The supply bottleneck has led to production cuts and warnings of supply chain disruptions from manufacturers across the world this year. Foxconn Chairman Liu Young-way told reporters the fab is gearing to produce 15,000 wafers per month by 2024, which could supply silicon carbide semiconductors for 30,000 EVs a month.
Foxconn has in recent months announced plans to become a major player in the global EV market and has said it was in talks with foundries on possible collaboration to make chips for EVs.
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