YAGEO Corporation (Chinese: 國巨公司) is a Taiwanese[1] electronic component manufacturing company, founded in 1977 by Pierre Chen.[2] The company specializes in passive devices — resistors, capacitors and inductors. In January 2020, they were the third largest passive component manufacturer in the world.
YAGEO specializes in surface-mount components (components that use surface-mount technology).
History
In 1994, YAGEO acquired Singapore-based ASJ.[3]
In 1996, YAGEO acquired Vitrohm, which had been founded in Denmark in 1933, and fellow Taiwanese company Teapo.[3]
In 1997, YAGEO acquired another Taiwanese company, Chilisin.[3]
In 2000, the company acquired the "Phycomp" and "Ferroxcube" brand names from Philips Electronics NV.[3]
In 2002, YAGEO acquired Stellar, Inc.
In September 2018, YAGEO acquired BrightKing, a protective component company.[3]
In December 2018, YAGEO completed the acquisition of Pulse Electronics, a wireless/power/advanced components company headquartered in San Diego, USA.[3][4]
In November 2019, it was announced that YAGEO would acquire KEMET Corporation.[5]
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.
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.[6]
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
External links
References
- KEMET and YAGEO Complete Merger Global Newswire, 15 June 2020^
- About Yageo Yageo, retrieved 2019-12-22^
- Yageo Profile Procure International Inc., retrieved 2019-12-22^
- Yageo completed the acquisition of Pulse Electronics YAGEO Group, 2019-02-23^
- YAGEO to Acquire KEMET for US$27.20 Per Share in Cash Global Newswire, 2019-11-11, retrieved 2019-11-11^
- Lisa Wang. YAGEO to transfer NT$10bn to boost R&D Taipei Times, retrieved 8 January 2020^
- KEMET and YAGEO Complete Merger KEMET, 2020-06-15, retrieved 2020-07-28^
- YAGEO Group Announces Acquisition of Chilisin Electronics Corporation YAGEO Group Pulse^
- Russell Flannery. Taiwan Electronics Billionaire Makes Second Sensor Acquisition In A Month Forbes, 2022-10-31^