# Oriental Semiconductor to acquire 53.09% stake in Hynetek Semiconductor for CNY 408M

Oriental Semiconductor (688261) announced on March 24, 2026, that it will acquire a 53.09% stake in Shenzhen Hynetek Semiconductor Technology Co., Ltd. for CNY 408 million. The transaction will make Hynetek a controlled subsidiary.

- Type: Acquisition
- Announced: 2026-03-24
- Where: China
- Value: $56.0M (408.0M CNY)
- Status: announced
- Products: analog and mixed-signal ICs, USB Type-C ecosystem ICs, digital energy ICs
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Oriental Semiconductor](https://endata.com/companies/72769.md) (acquirer)
- [Hynetek Semiconductor](https://endata.com/companies/91005.md) (target)

## Sources

- [finance.ifeng.com](https://finance.ifeng.com/c/8rlD1s8pYju), 2026-03-24: "东微半导(688261)3月24日公告，公司拟以4.08亿元受让深圳慧能泰半导体科技有限公司股东所持有的慧能泰半导体53.09%股权。"

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