# GTA Semiconductor to absorb Advanced Semiconductor Manufacturing Corporation

Shanghai GTA Semiconductor Co., Ltd. and Advanced Semiconductor Manufacturing Corporation (ASMC) announced a merger agreement on October 30, 2018, under which GTA will absorb ASMC, with ASMC shares to be cancelled and its listing revoked.

- Type: Acquisition
- Announced: 2018-10-30
- Where: China
- Status: announced
- Products: semiconductor wafers, analog circuits, power devices, IGBT chips, automotive electronics
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Advanced Semiconductor Manufacturing Corporation](https://endata.com/companies/23742.md) (target)
- [GTA Semiconductor Co., Ltd.](https://endata.com/companies/31336.md) (acquirer)
- [Huada Semiconductor Co., Ltd.](https://endata.com/companies/35229.md) (investor)
- [Shanghai Belling](https://endata.com/companies/35245.md) (investor)

## Sources

- [eet-china.com](https://www.eet-china.com/news/201811011910.html), 2018-11-01: "积塔将就每股先进H股、先进内资股及先进非上市外资股分别向先进H股、先进内资股及先进非上市外资股的持有人支付註销价"

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