# Diodes Incorporated updates on Lite-On Semiconductor acquisition

Diodes Incorporated provided an update on its acquisition of Lite-On Semiconductor, including a resolution by LSC to sell 16.5% of On-Bright Electronics to facilitate regulatory approval in China.

- Type: Acquisition
- Announced: 2020-01-08
- Where: TWN
- Status: announced
- Products: semiconductor components
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Diodes Incorporated](https://endata.com/companies/37091.md) (acquirer)
- [Lite-On Semiconductor Corporation](https://endata.com/companies/41233.md) (target)
- [On-Bright Electronics Inc.](https://endata.com/companies/43417.md) (target)

## Sources

- [investor.diodes.com](https://investor.diodes.com/news-releases/news-release-details/diodes-incorporated-provides-update-lite-semiconductor), 2020-01-08: "Since the announcement of the acquisition on August 8, 2019, all customary closing conditions have been met, including approval by the Lite-On shareholders."

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