2025/04/23
Foxsemicon Acquires 51% of FairTech to Expand Product Portfolio, Diversify Customer Base, and Strengthen Vertical Integration Blueprint
Foxsemicon Integrated Technology Inc. (TWSE: 3413, “Foxsemicon”) convened an Audit Committee and a Board of Directors meeting on April 23, 2025, where it resolved to acquire a 51% equity stake and a majority of board seats in FairTech Corporation (“FairTech”) at a price of NT$138 per share, for a total transaction amount of NT$ 2.00583 billion. Through this acquisition, Foxsemicon will obtain effective control over FairTech, which will subsequently become Foxsemicon’s subsidiary.
FairTech, founded in 1994 with a paid-in capital of NT$285 million, specializes in technical services and maintenance for semiconductor processing and aerospace equipment. In 2024, the company posted annual revenue of approximately NT$1 billion, with its customer base primarily consisting of domestic and international wafer foundries. FairTech has built a strong reputation in the sector of semiconductor maintenance services, successfully cutting into advanced process production lines, and earned multiple customer awards for its outstanding performance, gaining deep trust in the industry.
The transaction will be funded entirely through internal funds. Upon completion, FairTech will become a subsidiary under Foxsemicon’s control. Through this strategic acquisition, the two companies aim to integrate their resources and generate the following synergies:
◎ Diversify Customer Portfolio and Strengthen Operational Momentum:
The acquisition will help broaden the customer base, optimize revenue structure, reduce reliance on any single client, and enhance operational resilience and long-term competitiveness.
◎ Expand Product Offerings and Enter High-Value Sectors:
Leveraging FairTech’s technological strengths in aerospace maintenance, the company will expand into high-value-added industries such as aerospace. The complementary technologies will drive business growth and unlock new opportunities.
◎ Integrate Key Technologies and Enhance Manufacturing Capabilities:
FairTech specializes in electromechanical technologies, while Foxsemicon has strong mechanical manufacturing capabilities. Both parties’ complementary expertise will enhance integration capabilities in semiconductor process equipment manufacturing, further boosting market competitiveness.
This acquisition further solidifies Foxsemicon’s leadership in the semiconductor equipment industry while enabling strategic expansion into the aerospace sector. It reflects a Foxsemicon’s commitment to a diversified customer base, product portfolio, and long-term operations. At the same time, it reinforces operational resilience and creates sustainable, stable growth for Foxsemicon’s stakeholders.
