Yageo Corp
2327: XTAI (TWN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
TWD 752.64 | Zxswm | Xtyrvpdl |
MLCC Utilization To Improve in the Second Half; Raising Yageo’s FVE to TWD 750
Business Strategy and Outlook
Yageo is one of the leading passive components suppliers in Taiwan. Passive components are widely used in all kinds of electronic applications, and necessary to stabilize and control electric flow, and to remove electromagnetic noise from circuits. Yageo’s main products are chip resistors and multilayer ceramic capacitors, or MLCCs, in which it is ranked first and third in global production volume, respectively.