Siasun Robot plans CNY1.8B private placement for chipmaking device lines

Siasun Robot & Automation plans to raise CNY1.8 billion (USD260.7 million) in a private placement to build production lines for lean vacuum manipulators, automated materials handling systems and material control systems for semiconductor wafer fabrication.

“Building these production lines means a lot in terms of breaking overseas firms' monopoly on technology and satisfying growing domestic demand.”yicaiglobal.com

• 1 source
• yicaiglobal.comChina's Siasun Robot to Raise USD260.7 Million in Private Placement for Chipmaking DevicesTang ShihuaAug 20, 2020

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