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Amlogic plans to acquire 100% equity of Xinxin Micro Semiconductor (ChipMic) for 316 million yuan in cash, making it a wholly-owned subsidiary.
“Amlogic plans to acquire 100% equity of ChipMic for 316 million yuan, and after the transaction, ChipMic will become a wholly-owned subsidiary.”longbridge.com
Summarized from public sources; check the original articles before acting on it.