# 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.

- Type: Partnership
- Announced: 2016-11-01
- Where: Shanghai, China, China
- Value: $77.0M (498.4M CNY)
- Status: announced
- Products: semiconductor assembly and test services, LCD driver ICs, touch driver, AMOLED, OLED, memory testing
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ChipMOS Technologies](https://endata.com/companies/19493.md) (partner)
- [Tsinghua Unigroup](https://endata.com/companies/19494.md) (acquirer)
- [Tsinghua Unigroup](https://endata.com/companies/19494.md) (partner)
- [ChipMOS Shanghai](https://endata.com/companies/19838.md) (target)

## Sources

- [sst.semiconductor-digest.com](https://sst.semiconductor-digest.com/2016/11/chipmos-and-tsinghua-unigroup-agree-to-form-joint-venture/), 2016-11-01: "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."
- [prnewswire.com](https://www.prnewswire.com/news-releases/chipmos-and-tsinghua-unigroup-agree-to-form-joint-venture-and-terminate-earlier-private-placement-plan-300370421.html), 2016-11-30: "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."

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