Speculation circulated recently that Macronix International had been approached by Foxconn Electronics (Hon Hai Precision Industry) about a potential tie-up in the semiconductor business, has been refuted by Macronix chairman Miin Wu.
Foxconn is a customer of Macronix, said Wu, adding that he does not comment on false rumors.
Macronix will see its operations improve gradually and will become financially capable, Wu continued. The company also sees no need to raise new funds, Wu said.
Foxconn has reportedly set up a semiconductor subgroup to demonstrate its semiconductor ambitions. Foxconn’s chipmaking related affiliates including Fitipower Integrated Technology, Foxsemicon Integrated Technology, Shunsin Technology and Socle Technology are already being operated under the subgroup.
Macronix specializes in the manufacture of mask ROM and flash memory, and runs one 12-inch wafer fab as well as one 8-inch fab and one 6-inch one. The company has set its capex for 2018 at NT$3.89 billion (US$130.4 million), which will be spent mainly on purchases of equipment for capacity ramps and R&D efforts.