{{Short description|Taiwan-based electronic component manufacturing company}} {{Self-published|date=August 2024}} {{Infobox company | name = YAGEO Corporation | type = | traded_as = {{TSE|2327}} | key_people = | industry = Electronics | products = Electronic Components | revenue = | num_employees = | foundation = {{Start date and age|1977}} | location_city = | website = {{Official URL}} }}
right '''YAGEO Corporation''' (Chinese: 國巨公司) is a Taiwanese<ref>{{Cite press release |url=https://www.globenewswire.com/en/news-release/2020/06/15/2048084/0/en/KEMET-and-Yageo-Complete-Merger.html| title=KEMET and YAGEO Complete Merger |date=15 June 2020 |website=Global Newswire}}</ref> electronic component manufacturing company, founded in 1977 by Pierre Chen.<ref>{{cite web |url=https://www.yageo.com/en/Html/Index/orgnization|title=About Yageo|website=Yageo|access-date=2019-12-22|archive-url=https://web.archive.org/web/20191223061059/https://www.yageo.com/en/Html/Index/orgnization|archive-date=2019-12-23|url-status=live}}</ref> The company specializes in passive devices — resistors, capacitors and inductors. In January 2020, they were the third largest passive component manufacturer in the world.<ref name="Taipei Times 2020" />
YAGEO specializes in surface-mount components (components that use surface-mount technology).
== History ==
In 1994, YAGEO acquired Singapore-based ASJ.<ref name="procure">{{cite web|url=http://www.procureinc.com/manufacturer/Yageo/|website=Procure International Inc.|title=Yageo Profile|archive-url=https://web.archive.org/web/20191223062544/http://www.procureinc.com/manufacturer/Yageo/|archive-date=2019-12-23|url-status=live|access-date=2019-12-22}}</ref>
In 1996, YAGEO acquired Vitrohm, which had been founded in Denmark in 1933, and fellow Taiwanese company Teapo.<ref name="procure"/>
In 1997, YAGEO acquired another Taiwanese company, Chilisin.<ref name="procure"/>
In 2000, the company acquired the "Phycomp" and "Ferroxcube" brand names from Philips Electronics NV.<ref name="procure"/>
In 2002, YAGEO acquired Stellar, Inc.{{cn|date=December 2019}}
In September 2018, YAGEO acquired BrightKing, a protective component company.<ref name="procure"/>
In December 2018, YAGEO completed the acquisition of Pulse Electronics, a wireless/power/advanced components company headquartered in San Diego, USA.<ref name="procure"/><ref>{{cite press release |date=2019-02-23 |title=Yageo completed the acquisition of Pulse Electronics |url=https://www.yageo.com/en/PressRoom/Content/press_room?category=ir_pr&news_id=20190223 |website=YAGEO Group}}</ref>
In November 2019, it was announced that YAGEO would acquire KEMET Corporation.<ref>{{Cite press release|url=https://www.globenewswire.com/news-release/2019/11/11/1944978/0/en/Yageo-to-Acquire-KEMET-for-US-27-20-Per-Share-in-Cash.html|title=YAGEO to Acquire KEMET for US$27.20 Per Share in Cash|date=2019-11-11|website=Global Newswire|access-date=2019-11-11}}</ref>
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.<ref name="Taipei Times 2020" />
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.<ref name="Taipei Times 2020">{{cite news |last1=Wang |first1=Lisa |title=YAGEO to transfer NT$10bn to boost R&D |url=http://www.taipeitimes.com/News/biz/archives/2020/01/09/2003728929 |work=Taipei Times |access-date=8 January 2020}}</ref>
In June 2020, YAGEO and KEMET completed merger.<ref>{{Cite press release|url=https://ir.kemet.com/news-events/press-releases/detail/512/kemet-and-yageo-complete-merger|title=KEMET and YAGEO Complete Merger|date=2020-06-15|website=KEMET|access-date=2020-07-28|archive-date=2020-07-28|archive-url=https://web.archive.org/web/20200728074645/https://ir.kemet.com/news-events/press-releases/detail/512/kemet-and-yageo-complete-merger|url-status=dead}}</ref>
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.<ref>{{cite press release |title=YAGEO Group Announces Acquisition of Chilisin Electronics Corporation |url=https://www.pulseelectronics.com/yageo-group-announces-acquisition-of-chilisin-electronics-corporation/ |website=YAGEO Group Pulse}}</ref>
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.<ref>{{cite web |url=https://www.forbes.com/sites/russellflannery/2022/10/31/taiwan-electronics-billionaire-makes-second-sensor-acquisition-in-a-month/ |title=Taiwan Electronics Billionaire Makes Second Sensor Acquisition In A Month |date=2022-10-31 |last=Flannery |first=Russell |work=Forbes |archive-url=https://web.archive.org/web/20221101044458/https://www.forbes.com/sites/russellflannery/2022/10/31/taiwan-electronics-billionaire-makes-second-sensor-acquisition-in-a-month/?sh=1651d37a6e90 |archive-date=2022-11-01 |url-access=limited |url-status=live}}</ref>
==See also== * List of companies of Taiwan
==References== {{Reflist}}
== External links == * {{Official}}
{{Kohlberg Kravis Roberts}}
Category:Electronics companies of Taiwan Category:Electronics companies established in 1977 Category:1977 establishments in Taiwan Category:Capacitor manufacturers Category:Taiwanese brands
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