# Dongwoon Anatech acquires 40% stake in Shenzhen Challwoon Semiconductor for $3.1M

South Korean fabless chipmaker Dongwoon Anatech acquired a 40% stake in its China-based joint venture Shenzhen Challwoon Semiconductor for 3.7 billion won ($3.1 million). The deal was fulfilled in early July 2019.

- Type: Acquisition
- Announced: 2019-07-07
- Where: China
- Value: $3.10M
- Status: completed
- Products: AMOLED DC-DC converters
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Dongwoon Anatech](https://endata.com/companies/31511.md) (acquirer)
- [Shenzhen Challwoon Semiconductor](https://endata.com/companies/40482.md) (target)

## Sources

- [thelec.net](https://www.thelec.net/news/articleView.html?idxno=402), 2019-07-07: "Dongwoon Anatech successfully took a 40% stake in its China-based joint venture Shenzhen Challwoon Semiconducor for 3.7 billion won ($3.1 million)."

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