# Panjit International to acquire 95% stake in Torex Vietnam Semiconductor

Panjit International Inc.'s Board of Directors approved the acquisition of a 95% equity stake in TOREX Vietnam Semiconductor Co., Ltd., located in Binh Duong Province, Vietnam. The facility primarily engages in semiconductor packaging and testing.

- Type: Acquisition
- Announced: 2025-11-17
- Where: Binh Duong Province, Vietnam, Vietnam
- Status: announced
- Products: semiconductor packaging and testing, IC packaging, USP (Ultra Small Package) technology
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Torex Semiconductor Ltd.](https://endata.com/companies/42520.md)
- [Panjit International Inc](https://endata.com/companies/41524.md) (acquirer)
- [Torex Vietnam Semiconductor](https://endata.com/companies/41525.md) (target)
- [Torex Semiconductor Ltd.](https://endata.com/companies/42520.md) (partner)
- [Torex Semiconductor Ltd.](https://endata.com/companies/42520.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/news/panjit-international-board-of-directors-approves-acquisition-of-torex-vietnam-semiconductor-co-l-ce7d5fd3d18df52d), 2025-11-17: "This investment follows the signing of a Memorandum of Understanding (MOU) between PANJIT and Torex Semiconductor Ltd. in February this year, further deepening their strategic partnership."
- [ebs.publicnow.com](https://ebs.publicnow.com/view/48A7EA8232C969B63909256980B3F34F1315FC20), 2025-12-18: "Mass production for the automotive lines is planned to commence in the third quarter of 2026, followed by the completion of customer automotive qualification and validation processes."
- [product.torexsemi.com](https://product.torexsemi.com/en/news/topics/20251222_4878), 2025-12-22: "Under this agreement, Torex will transfer 95% of the shares it holds in its consolidated subsidiary, TOREX VIETNAM SEMICONDUCTOR CO., LTD. (“TVS”), to PANJIT."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.