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Semiconductors and Industrial Electronicsworld trade 2024+6.8% 5Y CAGR

Dec 13, 2022ACQUISITIONUnited States

Yuancheng to acquire 51% stake in Simi Electronics for $16M

Yuancheng plans to acquire a 51% stake in Simi Electronics, a US-owned semiconductor wet bath cleaning equipment manufacturer, for RMB 113 million (approx. $16 million).

Value

$16.0M (113.0M CNY)

Status

Announced

Productssemiconductor wet bath cleaning equipment

CompaniesYuancheng acquirer Simi Electronics target

Sectors#Semiconductors and Industrial Electronics

“Simi Electronics is a US-owned semiconductor wet bath cleaning equipment research and development manufacturer.”fenq.com

1 source
fenq.comYuancheng plans to acquire a 51% stake in Simi Electronics – FENQDec 13, 2022

Summarized from public sources; check the original articles before acting on it.

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