# China International Development explores $1.16B acquisition of Lonten Semiconductor

China International Development Corp, a leather goods maker, signed an agreement with Lonten Semiconductor's largest shareholder to explore acquiring the semiconductor company for up to HK$9 billion ($1.16 billion). The deal involves engaging with remaining shareholders.

- Type: Acquisition
- Announced: 2025-11-21
- Where: China
- Value: $1.16B (9.00B HKD)
- Status: announced
- Products: semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [China International Development Corp](https://endata.com/companies/88623.md) (acquirer)
- [Lonten Semiconductor Co Ltd](https://endata.com/companies/88624.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/world/asia-pacific/chinese-leather-goods-maker-explores-semiconductor-firm-buyout-up-12-billion-2025-11-21/), 2025-11-21: "Leather goods maker China International Development Corp said on Friday it is exploring the acquisition of Lonten Semiconductor Co Ltd for up to HK$9 billion ($1.16 billion)."

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