Inari Amertron

Inari Amertron Bhd is teaming up with MIT Semiconductor Pte Ltd to set up a joint venture in Malaysia to supply customised semiconductor process tools. The JV will have a share capital of RM16.8 million, with Inari holding 51% and MSPL 49%, and will operate at Inari's plant in Penang.

Inari Amertron signed an MoU with PCL Technologies to set up a joint venture in China providing outsourced semiconductor assembly and test services, with a plan to list the JV in China within five years. Inari also acquired a 9.7% stake in PCL for NT$355 million.