# Southchip Semiconductor to acquire Shengsheng Micro for up to 160 million yuan

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.

- Type: Acquisition
- Announced: 2025-01-21
- Where: China
- Value: $22.0M (160.0M CNY)
- Status: announced
- Products: RISC-V processors, POWER MCU microcontrollers, power management chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Southchip Semiconductor](https://endata.com/companies/82481.md) (acquirer)
- [Shengsheng Micro](https://endata.com/companies/82482.md) (target)

## Sources

- [finance.sina.com.cn](https://finance.sina.com.cn/stock/relnews/cn/2025-01-22/doc-inefvqqe5629538.shtml), 2025-01-22: "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。"

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