Purple 1 billion yuan acquisition of silicon products Suzhou plant 30% stake

Set micro-network news, Taiwan's IC packaging and testing giant silicon maker announced yesterday evening, the Board of Directors decided to sell 30% stake in subsidiary Silicon Technology Co., Ltd., the total transaction amount of 1.026 billion yuan counterparty for the purple Group.

Market participants pointed out that this move will help the layout of silicon products packaging and testing of the Chinese market, open the Silicon Branch in the mainland market opportunities.

Silicon products, said the transaction grasp the rapid growth opportunities in the mainland market, strategic alliances to expand the market silicon products, and will be used to obtain funding for Taiwan headquarters.

Silicon products, said the company still retains the dominant right to operate the silicon, silicon shares of the Group acquired the relevant trading funds, will be back to Taiwan to invest in advanced packaging technology.

Silicon products said that due to silicon (Suzhou) Co., Ltd. is still a subsidiary, according to the accounting standards will affect the number of sales will adjust the rights of subjects.

According to the open information observatory data, Silicon Products originally held a 100% stake in Silicon Technology (Suzhou) Co., Ltd. (Silicon).

According to market analysts, Ziguang Group has aggressively expanded its communications, Internet of Things (IoT) and radio frequency (RF) chips as well as memory, storage equipment, servers and security management systems. Dike cooperation, based on the further distribution of the Group's various operations under the semiconductor packaging and testing business.

For silicon products, silicon products have indirectly invested in shares of China Silicon Products Electronics (Fujian) Co., Ltd. and actively set up strongholds in South China. By letting Ziguang Group invest in silicon products, silicon products can be further deepened in mainland semiconductor packaging Test layout.

For the Ziguang Group, market participants pointed out that the previous failed to cooperate with the silicon products, and now by investing 3% stake in Silicon Division, is expected to be able to get a director of silicon Branch, Ziguang Group in the latter part of the IC packaging and testing also found in the management Business philosophy has a consensus, trusted partner for cooperation.

For ASE and Silicon Group, the industry holding company, the market said that under the cooperation of both parties, silicon products so that the shares of purple Silicon Division, ASE should be in advance of the support.

In the long run, the market analysis, Ziguang Investment Silicon Division, the further diversification of the ownership structure of Silicon Division, silicon products can become a living chess, Silicon Division listing opportunities in the mainland, is expected to significantly increase.

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