ChipMOS and Tsinghua Unigroup form joint venture for ChipMOS Shanghai

ChipMOS and Tsinghua Unigroup agreed to form a joint venture where Tsinghua Unigroup will acquire 48% of ChipMOS Shanghai for approximately RMB 498.4 million (US$77 million), with ChipMOS retaining 45.02%. The investment will expand capacity and services.

“We are pleased to reach this joint-venture agreement with Tsinghua Unigroup, which has been at the forefront of the rapidly evolving global semiconductor value chain.”sst.semiconductor-digest.com

• 2 sources
• sst.semiconductor-digest.comChipMOS and Tsinghua Unigroup agree to form joint-venture | Semiconductor DigestNov 1, 2016
• prnewswire.comChipMOS and Tsinghua Unigroup Agree to Form Joint-Venture and Terminate Earlier Private Placement PlanChipMOS TECHNOLOGIES INC.Nov 30, 2016

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