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Southchip Semiconductor (688484.SH) has agreed to acquire 100% of Shengsheng Micro for up to 160 million yuan in cash. Shengsheng Micro develops RISC-V processors, POWER MCU microcontrollers, and power management chips for wearable, consumer, and industrial applications.
“本次收购有利于双方整合产品、技术、市场及客户、供应链等资源,在嵌入式领域发挥协同效益。”finance.sina.com.cn
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