Printed Circuit Design & Fab Online Magazine - Semi Firm to Increase Stake in Iteq

ENEPIG Corrosion Mechanisms
Different types of nickel corrosion and potential mitigation strategies.
READ MORE...
The Future is Thin, Flat and Flexible
What’s ahead for antennas, heaters and inks.
READ MORE...
Royalty Flush
A noted solutions architect offers an audacious plan for AI acceptance. It just might work.
READ MORE...
Rocking and Rolling at ZIW
The annual user event was tuned into AI, but that’s not the only melody being played.
READ MORE...
Can Thailand Pad its PCB Gains?
2023 saw only a handful of fabricators gain ground, but SE Asia is primed to boom.
READ MORE...

Printed Circuit Design & Fab Magazine

TAOYUAN CITY – Win Semiconductors plans to spend NT$2.1 billion (US$76.4 million) to increase its stake in copper-clad laminate manufacturer Iteq, with the intent to expand the firms’ partnership for 5G and autonomous vehicles, according to reports.

Win Semiconductors said it would acquire some 16.34 million shares of Iteq at NT$130 per share, increasing Win’s stake in Iteq to over 17% from nearly 13%.

Win is the largest stakeholder in Iteq.

The deal is part of Iteq’s NT$6.5 billion fundraising plan.

Ed.: NT1 = US$0.036