# Abov Semiconductor to acquire 27.94% stake in Winpac

South Korean fabless firm Abov Semiconductor signed a deal to acquire a 27.94% stake in chip testing company Winpac for 24 billion won, including shares from TLI and a new equity offering.

- Type: Acquisition
- Announced: 2021-11-10
- Where: South Korea
- Value: $20.3M (24.0B KRW)
- Status: announced
- Products: chip testing services, microcontroller units, driver ICs, sensors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Winpac](https://endata.com/companies/42930.md) (target)
- [ABOV Semiconductor](https://endata.com/companies/55854.md) (acquirer)
- [TLI](https://endata.com/companies/58904.md) (partner)

## Sources

- [thelec.net](https://www.thelec.net/news/articleView.html?idxno=3561), 2021-11-10: "Abov said on Tuesday that it has signed a share acquisition deal of Winpac with TLI."

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