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FOCI Raises 522 million NTD with Participation from Himax Technologies Limited.
Date Available : 2024-06-11

FOCI (3363) and Himax Technologies Limited.(“Himax”) which is wholly-owned by Himax Technologies, Inc. (NASDAQ: HIMX) have passed the resolution of the boards of directors of both parties. Himax will participate in the subscription of 5 million shares of FOCI private equity common stock, with a subscription price of 104.4 NTD per share and a total investment amount of 522 million NTD.

In response to the rapid development of high-speed transmission in AI applications, FOCI has invested in the research and development of silicone packaging technology for several years. In the past two years, it has worked closely with semiconductor customers in the CPO field to develop related components and packaging processes and has achieved excellent results so far.  Considering the development trend of the industry and cooperating with the company's operational planning and development, it is necessary to introduce strategic partners.

D.D. Hu, General Manager of FOCI, expressed that FOCI is very pleased to welcome Himax as one of the major investors and partners in this round of private placement. By combining FOCI’s co-packaged optical connector, ReLFACon™, with Himax’s Wafer Level Optics (“WLO”), FOCI will continue collaborating with customers to accelerate the development of high-speed computing, high bandwidth, and low-latency optical co-packaging. It is believed that optical communication products that meet AI needs will be launched soon.

In line with the company's operational planning, FOCI is actively developing new customers and new application markets. In addition to expanding existing cooperation projects, it is also firmly developing the silicone photonics packaging business. It is currently investing in automation equipment development and smart production, and FOCI will also start investing CPO capital this year. Expenditure will accelerate FOCI’s continuous improvement in the CPO field to maintain the company’s leading position in the global silicone photonics packaging market.

 

 

 

Contact Person:Grace Yu
Email:grace.yu@foci-cpo.com