Electronics Production |
Philips Semi aims to increase outsourcing
Philips Semiconductors plans to outsource up to 50% of its foundry services.
According to Philips Semiconductors CEO Frans van Houten, Philips' foundry production is running at full capacity and the company will increase its outsourcing to fabs in Taiwan. Philips will continue to increase its current 20% to 30-50% in the future, according to DigiTimes.