Unigroup to Invest USD 600 Mln in Taiwanese Semiconductor Assembly Firm
Sina Tech, 10/30/15
China's state-owned Tsinghua Unigroup will invest USD 600 mln Taiwan-based semiconductor assembly company Powertech Technology, and become Powertech's majority shareholder with a 25% stake.
Powertech is a semiconductor assembly and testing service provider operating in Taiwan. It will use the funds to expand its high-end packaging and testing services, and increase its R&D efforts.
Keywords: M&A hardware semiconductor Taiwan Tsinghua Unigroup package overseas Powertech
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