indie Semiconductor to sell stake in Wuxi indie Microelectronics for $135 million

indie Semiconductor has entered into an Asset Purchase Agreement with United Faith Auto-Engineering Co., Ltd. to sell its entire 34.38% equity interest in Wuxi indie Microelectronics Technology Co., Ltd. for RMB 960,834,355 (approximately $135 million) in cash. The transaction is expected to close in late 2026.

“indie today announced it has entered into an Asset Purchase Agreement with United Faith Auto-Engineering Co., Ltd. to sell its entire 34.38% outstanding equity interest in Wuxi indie Microelectronics Technology Co., Ltd.”business.woonsocketcall.com

• 1 source
• business.woonsocketcall.comUser | woonsocketcall.com - indie Enters into Definitive Agreement to Sell its Interest in Wuxi indie Microelectronicsindie SemiconductorOct 28, 2025

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