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RS Technologies' consolidated subsidiary GRITEK acquired 60% voting rights in Anhui Jinglong Semiconductor Technology Co., Ltd. for 450.71 million yuan (about 10,691 million yen). The acquisition strengthens the epitaxial wafer business.
“By acquiring the company whose core business is the manufacture and sale of epitaxial wafers, we will create synergies with the primary wafer business and strengthen the production capacity of high value-added wafers, securing mid- to long-term growth drivers.”japanir.jp
Summarized from public sources; check the original articles before acting on it.