# Chipbond Technology to buy 31% stake in Orient Semiconductor

Chipbond Technology plans to acquire about a 31% stake in Orient Semiconductor Electronics in a cash-and-share deal worth NT$820.4 million for a 12.71% portion, plus subscription to 300 million special shares, to enter flash memory-chip packaging.

- Type: Acquisition
- Announced: 2020-10-16
- Where: Hsinchu, TWN
- Value: $28.3M (820.4M TWD)
- Status: announced
- Products: flash memory-chip packaging, driver IC packaging and testing
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Orient Semiconductor Electronics](https://endata.com/companies/30904.md) (target)
- [Chipbond Technology](https://endata.com/companies/50576.md) (acquirer)

## Sources

- [taipeitimes.com](https://www.taipeitimes.com/News/biz/archives/2020/10/17/2003745283), 2020-10-16: "Except for flash memory chips, we also saw a lot of new businesses that require the technologies of Chipbond or Oriental 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.