| Yageo Corporation | |
| Industry: | Electronics |
| Products: | Electronic Components |
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.
Yageo specializes in surface-mount components (components that use surface-mount technology).
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]