Yageo

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Yageo Corporation
TWSE: 2327
IndustryElectronics
Founded1977 (1977)
ProductsElectronic Components
Websitewww.yageo.com Edit this at Wikidata

Yageo Corporation(國巨公司) is a Taiwanese[1] Taiwan-based electronic component manufacturing company, founded in 1977 by Pierre Chen.[2] The company specializes in passive devices — resistors, capacitors and inductors. As of January 2020 ,they were the third largest passive component manufacturer in the world.[3]

Yageo specializes in surface-mount components (components that use surface-mount technology).

History

In 1994, Yageo acquired Singapore-based ASJ.[4]

In 1996, Yageo acquired Vitrohm, which had been founded in Denmark in 1933, and fellow Taiwanese company Teapo.[4]

In 1997, Yageo acquired another Taiwanese company, Chilisin.[4]

In 2000, the company acquired the "Phycomp" and "Ferroxcube" brand names from Philips Electronics NV.[4]

In 2002, Yageo acquired Stellar, Inc.[citation needed]

In September 2018, Yageo acquired BrightKing, a protective component company.[4]

In December 2018, Yageo completed the acquisition of Pulse Electronics, a wireless/power/advanced components company headquartered in San Diego, USA.[4][5]

In November 2019, it was announced that Yageo would acquire KEMET Corporation.[6]

In December 2019, Yageo signed a letter of intent with Southern Taiwan Science Park to build an additional production line in Kaohsiung’s Ciaotou District.[3]

In January 2020, Yageo announced plans to move approximately US$332.37 million in cash held offshore to Taiwan to boost capacity and research and development projects.[3]

In June 2020, Yageo and KEMET completed merger.[7]

In January 2022, the YAGEO group acquired Chilisin Electronics Corporation, merging Chilisin and its subsidiary brands Mag.Layers, Magic & Bothhand into Pulse Electronics. The brands Chilisin, Mag.Layers, Magic and Bothhand will be retired, and products rebranded under Pulse Electronics.[8]

In October 2022, the company agreed to buy German maker of industrial and automotive temperature sensors, Heraeus Nexensos GmbH, for about US$78 million. That same month, it also announced its intent to acquire Schneider Electric's Telemecanique Sensors for US$729 million in cash.[9]

See also

References

  1. ^ "KEMET and Yageo Complete Merger". Global Newswire (Press release). 15 June 2020.
  2. ^ "About Yageo". Yageo. Archived from the original on 2019-12-23. Retrieved 2019-12-22.
  3. ^ a b c Wang, Lisa. "Yageo to transfer NT$10bn to boost R&D". Taipei Times. Retrieved 8 January 2020.
  4. ^ a b c d e f "Yageo Profile". Procure International Inc. Archived from the original on 2019-12-23. Retrieved 2019-12-22.
  5. ^ "Yageo completed the acquisition of Pulse Electronics". Yageo Group (Press release). 2019-02-23.
  6. ^ "Yageo to Acquire KEMET for US$27.20 Per Share in Cash". Global Newswire (Press release). 2019-11-11. Retrieved 2019-11-11.
  7. ^ "KEMET and Yageo Complete Merger". KEMET (Press release). 2020-06-15.
  8. ^ "Yageo Group Announces Acquisition of Chilisin Electronics Corporation". Yageo Group Pulse (Press release).
  9. ^ Flannery, Russell (2022-10-31). "Taiwan Electronics Billionaire Makes Second Sensor Acquisition In A Month". Forbes. Archived from the original on 2022-11-01.
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