FOXSEMICON INTEGRATED TECHNOLOGY I Business Summary

Foxsemicon Integrated Technology Inc. (Fiti) operates as a premier vertically integrated manufacturer in the semiconductor equipment industry, generating revenue primarily through the design, manufacturing, and system integration of high-end semiconductor subsystems. The company’s business is structured into three core segments: semiconductor process equipment (specializing in etching, thin-film deposition, and metrology modules), automation and medical imaging equipment, and a robust aftermarket service division providing spare parts and refurbishments. As a critical strategic partner for global Tier-1 equipment makers, Fiti leverages its precision machining and mechanical-electrical integration capabilities to maintain a high-density supply chain presence. It competes directly with firms such as NAURA Technology Group, Marketech International Corp., and TESEC, positioning itself as a specialized, high-reliability contract manufacturer and subsystem provider within the global semiconductor fabrication ecosystem. Established in 2001 as a key member of the Hon Hai (Foxconn) Technology Group, the company is led by Chairman Young Liu, who also serves as the Chairman and CEO of Hon Hai Precision Industry Co., Ltd. Liu brings extensive pedigree in electrophysics and electrical engineering from the University of Southern California and is a central figure in Foxconn's semiconductor expansion. The executive team is further anchored by CEO and President Kevin Chiu (Yaoquan Qiu), an electrical engineering specialist from UNLV with deep operational experience in the company's Shanghai and U.S. divisions, and CFO Yung Fang Tsou. Notable institutional backing includes major stakes held by Hon Hai Precision Industry and Applied Materials, Inc., reflecting Fiti’s dual role as both a subsidiary of the world’s largest electronics manufacturer and a vital vendor to the world’s leading semiconductor equipment provider.