Foxconn Receives Fuding Advanced Automotive MOSFET Order

Jul 27,2022

According to Taiwanese media Electronic Times, industry sources revealed that Foxconn’s foundry subsidiary, Hongying Semiconductor, has received an order for Fuding’s advanced automotive MOSFETs.

According to sources, Fuding Advanced will cooperate with Hongying Semiconductor for applications such as electric buses to deepen Fuding Advanced's deployment in the field of automotive MOSFETs. Fuding Advanced also hopes to expand the scope of cooperation with Hongying Semiconductor to include the manufacture of third-generation semiconductors, such as silicon carbide (SiC) components.

According to market watchers, Fuding Advanced is still on track to achieve year-on-year revenue growth in 2022 in a market environment with weak demand for consumer electronic devices such as PCs. According to reports, Fuding Advanced has won orders for high-end power supplies, and its sales of medium and high voltage MOSFET chips for applications such as servers are expected to grow.

Sources pointed out that the rapid growth of the new energy vehicle industry in mainland China, coupled with Foxconn's strong electric vehicle business, will become an opportunity for Taiwanese power diode and MOSFET manufacturers to develop business in the automotive field.