Taiwan's top 50 billionaires' wealth up 12%; Barry Lam ranks No. 1 focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.
The passive component giant Yageo held its shareholders meeting on May 30. Founder and chairman Pierre Chen stated that current inventory adjustments have reached a healthy level. The capacity utilization rate for standard products has increased from 50% to 65%, and for niche products from 70% to 75%, with the expectation that inventory will be fully adjusted by the first half of 2024.
Combined Wealth Of Taiwan's 50 Richest On Forbes List Rises $19 Billion To $174 Billion forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Passive component maker Yageo has disclosed plans to take part in uPI Semiconductor s impending private placement. uPI Semiconductor is an affiliate of Asustek Computer specializing in Power Management ICs (PMIC) and power discretes, such as MOSFETs. Assuming the purchase goes through, Yageo will become the largest shareholder of uPI.