# Diodes reiterates plan to close Lite-On Semiconductor acquisition in 2020

Diodes Incorporated updated the outside date for its acquisition of Lite-On Semiconductor from May 31, 2020 to December 31, 2020, to accommodate Chinese regulatory review. The company remains confident the transaction will close in the second half of 2020.

- Type: Acquisition
- Announced: 2020-03-23
- Where: TWN
- Status: announced
- Products: semiconductor products
- 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)

## Sources

- [diodes.com](https://www.diodes.com/about/news/press-releases/diodes-incorporated-reiterates-plan-to-close-lite-on-semiconductor-acquisition-in-2020), 2020-03-23: "Diodes remains confident the transaction will close as planned once the final regulatory approvals have been secured."
- [diodes.com](https://www.diodes.com/about/news/press-releases/diodes-incorporated-receives-approval-from-taiwan-regulatory-authorities-for-lite-on-semiconductor-acquisition/), 2020-03-30: "Diodes Incorporated today announced the Company has received all required regulatory approvals from the Taiwan authorities for its proposed acquisition of Lite-On Semiconductor."

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