Hua Hong Semiconductor acquires 97.5% stake in HLMC for $1.14B

Hua Hong Semiconductor is acquiring a 97.5% stake in Huali Microelectronics (HLMC) for about $1.14 billion from Hua Hong Group and government-backed funds, adding 38,000 wafers/month of 65nm and 40nm capacity.

“The deal will see Hua Hong Semiconductor acquire shares previously held by its state-owned parent Hua Hong Group and several government-backed investment funds.”dealroom.co

• 1 source
• dealroom.coHua Hong Semiconductor Consolidates Domestic Capacity With $1.2B HLMC Acquisition | Dealroom NewsJan 2, 2026

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