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hon hai chairman liu yangwei: evaluating the establishment of a semiconductor packaging and testing plant in europe, shandong small chip advanced packaging plant is making good progress

2024-09-04

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it home reported on september 4 that according to taiwan media commercial times, foxconn chairman liu yangwei revealed this morning that the group is evaluating the establishment of a semiconductor packaging and testing plant in europe; in addition, on the ic design side, in addition to strengthening automotive electronics and planning the layout of satellite application chips, foxconn is also actively developing silicon photonics and co-packaged optical components cpo technology.

when asked by reporters about the progress of hon hai group's semiconductor business layout, liu yangwei said that the group continues to lay out advanced packaging business. he revealed that hon hai group is evaluating the establishment of a packaging and testing plant in europe and is in ongoing negotiations;we are building an advanced packaging plant in shandong, focusing on chiplet packaging, and the progress is good.

liu yangwei said that hon hai group is evaluating expanding its relevant packaging and testing experience to the european market, "it is impossible to only make chips in europe without packaging and testing."

in terms of chip design, liu yangwei revealed that hon hai's chip design service has entered the 5nm stage and has made good progress. in addition to strengthening automotive electronics, hon hai group also plans to deploy satellite application chips.

hon hai group's revenue in the second quarter of 2024 was nt$1.55 trillion (it home note: currently approximately rmb 343.846 billion), a year-on-year increase of 19%, and an estimated nt$1.52 trillion; net profit in the second quarter was nt$35 billion (currently approximately rmb 7.764 billion), and an estimated nt$34.5 billion, a year-on-year increase of 6.1%.

foxconn's revenue in the first half of 2024 was nt$2.87 trillion (currently about rmb 636.669 billion), and its net profit in the first half of the year was nt$57.05 billion (currently about rmb 12.656 billion).

in addition, hon hai group's revenue in july was nt$572.35 billion (currently approximately rmb 126.968 billion), a year-on-year increase of 22% and a month-on-month increase of 16.63%.

foxconn expects that its revenue in the third quarter of 2024 will show significant growth both year-on-year and quarter-on-quarter; the consumer smart product sector will grow strongly in the third quarter compared with the previous quarter; the cloud network product sector will grow significantly in the third quarter compared with the previous quarter; and the computer terminal product sector will decline slightly in the third quarter compared with the previous quarter.