Shanghai Bright Power Semiconductor to acquire Sichuan Yichong Technology for $457 million

Shanghai Bright Power Semiconductor agreed to buy a 100% stake in Sichuan Yichong Technology, a wireless charging chip maker, for 3.28 billion yuan ($457 million) in a cash-and-stock deal.

“Shanghai Bright Power Semiconductor has agreed to buy a 100% stake in a Chinese wireless charging chip maker for 3.28 billion yuan ($457 million), to further expand its products portfolio and enhance competitiveness.”finance.yahoo.com

• 1 source
• finance.yahoo.comShanghai Bright Power plans to buy Chinese charging chip maker for $457 millionReutersAug 20, 2025

Summarized from public sources; check the original articles before acting on it.