Foxconn gets into the chip-making game

The world’s biggest electronic device manufacturer is forming a new venture designed to cater to the lower end of the chip market.
XSemi will be a joint venture between Foxconn’s parent company, Hon Hai, and electronic component maker Yageo, both of which are Taiwanese . It will focus on the development of semiconductors with average selling prices lower than $2.00, which they refer to as ‘Small IC’ (integrated circuit). It looks like there will be further partnerships wi