# Halo Microelectronics to acquire 30.9% stake in Zinitix for USD15 million

Halo Microelectronics International will purchase a 30.9% stake in South Korean chip designer Zinitix for KRW21 billion (USD15 million), gaining control of the company.

- Type: Acquisition
- Announced: 2024-07-15
- Where: South Korea
- Value: $15.0M
- Status: announced
- Products: touch controller chips, semiconductor devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Halo Microelectronics](https://endata.com/companies/67965.md) (acquirer)
- [Zinitix](https://endata.com/companies/78593.md) (target)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/chinese-chipmaker-halo-to-gain-control-of-south-koreas-zinitix-for-usd15-million), 2024-07-15: "Halo Microelectronics International will purchase a 30.9 percent stake in Zinitix from Seoul Electronics & Telecommunications and two individual shareholders."

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