Taiwan’s Electronics Components Billionaire Gets Massive Wealth Boost From Buying Spree
Key takeaways
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- In the past year, Pierre Chen made notable progress in achieving his goal of making Yageo, the company he founded and where he is chairman, into a one-stop shop for electronic components.
- Daiki Takayama, an analyst at Goldman Sachs Japan, forecasts in an April report that these acquisitions and its more diversified portfolio will give Yageo a 39% bump in revenue this year to NT$185 billion.
Learn more.This voice experience is generated by AI. Learn more.This story appears in the June 2026 issue of Forbes Asia. Subscribe to Forbes Asia Kevin Lee/Bloomberg. This story is part of Forbes’ coverage of Taiwan’s Richest 2026. See the full list here.
In the past year, Pierre Chen made notable progress in achieving his goal of making Yageo, the company he founded and where he is chairman, into a one-stop shop for electronic components. In January the Taiwan Stock Exchange-listed company completed the $703 million acquisition of Japan’s Shibaura Electronics, one of the world’s largest manufacturers by market share of thermistor sensors, which are used in cars, air conditioners and other home appliances.
In October Yageo paid NT$3.7 billion ($117) million to acquire around 21% of Anpec Electronics, a company based in the tech hub of Hsinchu that designs power semiconductor chips for products such as computers and automotive electronics. Daiki Takayama, an analyst at Goldman Sachs Japan, forecasts in an April report that these acquisitions and its more diversified portfolio will give Yageo a 39% bump in revenue this year to NT$185 billion.