20 billion! Yageo Announces New Kaohsiung Plant to Expand Production

2022/03/1803:11:05 hotcomm 2466

Yageo (2327), a major manufacturer of

passive components, has expanded its overweight in Taiwan in recent years, and Kaohsiung has become a major production center for Yageo. It is expected that next Saturday (14th), Yageo Kaohsiung Dafa No. 3 factory will hold a ground-breaking ceremony. In the future, Yageo will connect the existing resources in Kaohsiung to build Kaohsiung into a high-end product production center of Yageo.

According to a report by the Central News Agency, in response to the demand for 5G and automotive electronics, Yageo is expected to spend more than 30 billion yuan in Taiwan to expand production. Among them, the groundbreaking ceremony for the expansion of the new factory in Kaohsiung Dafa Industrial Zone will be held on November 14. The chairman of Yageo, Chen Taiming, will attend in person. The third Dafa factory of Yageo is expected to be completed in the second half of 2022. The initial investment The amount is about NT$20 billion.

Yageo's headquarters issued an invitation to the event on the 2nd. In addition to the ground breaking ceremony of Yageo Kaohsiung's third plant, Yageo Group and Chengda Joint Research Center Unveiling Ceremony was also held Held on the same day, as Chen Taiming is an alumnus of the Engineering Department of Chengda University, Yageo and Chengda University jointly established a joint research center, which is expected to give feedback to his alma mater and attract local talents for Yageo’s Kaohsiung plant.

Yageo continues to be optimistic about the growth momentum of market demand for passive components. In recent years, Yageo has continued to acquire and expand factories, mainly focusing on the strong growth in demand for fifth-generation mobile communications (5G) and automotive electronics. Overweight investment in production lines such as Kaohsiung Taishe, Nanzi and Dafa factories to increase capacity and optimize product mix.

Under the initial estimate of Dafa's new plant under full operation, the combined calculation of KEMET's MLCC production capacity, New Yageo MLCC monthly production capacity is expected to stabilize at 100 billion , only the next day's Murata (Murata) ), Korean business Samsung Electro-Mechanics (SEMCO),The third largest factory in the world.

By the end of this year, Yageo's MLCC production capacity is about 60 billion pieces. If the monthly production capacity of KEMET's main vehicle electronics is 20 billion pieces, the total monthly MLCC production capacity of Yageo at the end of this year can be seen 80 billion, further widening the production capacity gap with Taiwanese and mainland-owned factories. Next year, Yageo will target higher threshold tantalum capacitors for expansion.

According to agent statistics, KEMET's products cover tantalum batteries, MLCCs and inductors. Among them, 30% of tantalum batteries are mainly used in automobiles, and more than 60% of MLCCs are used in automobiles. After the new Yageo is merged into Kemet, 's automotive and electric vehicles will account for more than 40% of Yageo's MLCC revenue.

In addition, Kaohsiung can be said to be the birthplace of Yageo. Since the acquisition of Philips passive components factory for 18 billion yuan in 2000, it has chosen to build a new factory in Zinan District, Kaohsiung. After that, Yageo continued to grow. In 2018, Yageo bought land and expanded its factory in Kaohsiung Dafa Factory. Chen Taiming, chairman of Yageo, once said to the outside world that in 2018, it would buy land and set up a factory in Kaohsiung because of the approval of the former Vice President of the Executive Yuan. The invitation of Chang Chen Qimai makes the future Kaohsiung turn to the Science and Technology City. At that time, it acquired a land area of about 6,300 ping and built a new factory of 16,000 ping.

According to market participants, the Kaohsiung Dafa No.3 Plant may expand Yageo Group's MLCC production capacity, Yageo Group's subsidiaries include KEMET, Pulse and other high-tech companies. The production capacity of high-end products may also be settled in the new plant in Kaohsiung.

It is reported that,Yageo has factories in China Suzhou and Kaohsiung, Taiwan. Before merging with KEMET, up to 70% of its production capacity was in Suzhou. As the Sino-US trade war intensifies, coupled with the rising demand for automotive power and 5G, the medium and long-term demand is expected to be strong. In addition to the return of funds and the application for project investment in Taiwan, Yageo is also actively planning high-end production capacity in Taiwan, focusing on high unit price, High-margin products.

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