# AOS sells portion of JV equity interest for $16.9M

Alpha and Omega Semiconductor sold approximately 2.1% of its equity interest in its Chongqing joint venture to a third party for RMB 108 million ($16.9 million), reducing its ownership to 48.8% and deconsolidating the JV from its financial statements.

- Type: Investment
- Announced: 2021-12-07
- Where: Chongqing, China, China
- Value: $16.9M
- Status: completed
- Products: semiconductor products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Alpha and Omega Semiconductor](https://endata.com/companies/20242.md)

## Sources

- [investor.aosmd.com](https://investor.aosmd.com/press-releases/press-release-details/2021/AOS-Announces-Sale-of-Portion-of-JV-Equity-Interest-and-Financial-Deconsolidation/default.aspx), 2021-12-07: "The Transaction assists the JV Company in meeting certain regulatory listing requirements."

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