◂ Announcements

Feb 7, 2024ACQUISITIONChina

Wog Photoelectric to acquire 70% stake in Hubei Tonggewei

Wog Photoelectric plans to acquire a 70% stake in Hubei Tonggewei for 85.73 million yuan, gaining full ownership to accelerate construction of a chip board-level packaging substrate project.

Value

$11.9M (85.7M CNY)

Status

Announced

Capacity

1 million square meters of chip board-level packaging substrates per year

Productsglass-based substrates for chip packaging

CompaniesWog Photoelectric acquirer Hubei Tonggewei target

Sectors#Semiconductors and Industrial Electronics

“本次收购有利于进一步加快湖北通格微芯片板级封装载板项目建设进度。”finance.sina.cn

1 source
finance.sina.cn【风口解读】持续加码半导体先进封装，沃格光电拟收购通格微70%股权|LED|集成电路|半导体ETF|半导体指数|芯片_手机新浪网Feb 7, 2024

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

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