JCET completes acquisition of 80% stake in SanDisk Shanghai plant

JCET Management, a subsidiary of Jiangsu Changjiang Electronics Tech (JCET), completed the acquisition of an 80% equity stake in the Shanghai plant of SanDisk. The deal is worth US$624 million.

“Chinese chip-packaging and testing giant Jiangsu Changjiang Electronics Tech (JCET) has completed its acquisition of an 80 per cent equity stake in the Shanghai plant of US flash memory maker SanDisk.”scmp.com

• 1 source
• scmp.comChina chip-packaging giant JCET takes over Shanghai plant of US flash memory maker SanDisk | South China Morning PostZhou XinOct 3, 2024

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