WeEn Semiconductors

Unigroup Guoxin Microelectronics launched a stock-and-cash deal to acquire control of WeEn Semiconductors, a power semiconductor IDM originating from NXP's former bipolar device business.

WeEn Semiconductors inaugurated its first global module factory in Shanghai's Jinshan district, a 11,000-square-meter facility built with an investment of approximately 200 million yuan, to produce power modules for consumer electronics, automotive, and renewable energy applications.