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Bright Power Semiconductor (Jingfeng Mingyuan) announced it will acquire a 38.87% stake in Nanjing Lingou Chuangxin Electronics for CNY250 million, increasing its ownership to 61.61%. The acquisition aims to expand product lines and enable joint development of IPM motor driver chips.
Bright Power Semiconductor (Jingfeng Mingyuan) announced it will acquire 95.75% of Lingou Chuangxin (Lingou Chuangxin) for 6.13 billion yuan (approx. $95 million) via a mix of shares and cash. The acquisition aims to enhance Bright Power's MCU chip capabilities.