Huatian secures regulator's nod to buy chipmaker Huayi
What's the deal? Huatian TechnologyDealroom has a profile for this one. Try Dealroom → has received regulatory approval to acquire 100% of Chinese power semiconductor maker Huayi MicroelectronicsDealroom has a profile for this one. Try Dealroom →, the company confirmed in an investor Q&A. The deal combines an issuance of new shares with a cash payment; terms were not disclosed.
Why now? The China Securities Regulatory Commission has issued its registration approval, clearing a key hurdle for the transaction. Huatian said it received the approval document and has already disclosed the information publicly.
What's the endgame? Acquiring Huayi in full gives Huatian, a Shenzhen-listed chip packaging and testing firm, direct control over a power semiconductor maker. The share-and-cash structure lets it fund the purchase without relying solely on new equity.
The signal: Regulatory sign-off on a full buyout points to continued consolidation across China's domestic chip supply chain, as listed players move to bring more of the manufacturing stack in-house.
Read more: sohu.com
Image credit: IBM Research
