Foxconn seems to have seen that the time is right to enter the semiconductor industryand, to that end, the company is expected to announce a joint venture in Malaysia. Remember that the company has owned semiconductor factories since 2016, when it acquired Sharp and ended up with an 8-inch wafer factory in the Japanese city of Fukuyama.
Foxconn also tried to buy another 8-inch fab in Malaysia in 2020, although in August last year it managed to buy Taiwanese non-volatile memory maker Macronix, giving it access to mass production of 6-inch wafers.
According to local sources, Foxconn has signed a memorandum of understanding (MOU) with the company Big Innovation Holding Limited (BIH). The MOU refers to the construction of a 12-inch factoryallowing him to focus on chip manufacturing using production processes from 40 to 28 nm.
It is possible that these chips are intended to various electric vehicle projects in which Foxconn participates and would be a less risky way to enter the semiconductor market for the company, which is expected to start operations with a production of 40.000 wafer al mese. Now we will simply have to wait for this agreement to see the light and all the details on costs, production times and utilization of the wafers are revealed.