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South Korean fabless firm Abov Semiconductor signed a deal to acquire a 27.94% stake in chip testing company Winpac for 24 billion won, including shares from TLI and a new equity offering.
Abov Semiconductor has signed a deal to supply microcontroller units for smoke detection to a subsidiary of US firm Carrier. The company will also sign a contract with Beijing Cycle Columbus Environmental Science and Technology within the month.
Key Foundry will supply next-generation automotive power semiconductors built on its second-gen 0.13 micron BCD process to ABOV Semiconductor. ABOV Semiconductor has developed an MCU for automotive universal fast chargers using this process.