Search
Hua Hong Semiconductor has announced plans to acquire a 97.4988% stake in Huali Microelectronics through a combination of share issuance and cash payments, while also securing supporting funds. The exact transaction price remains undisclosed. This strategic move aims to eliminate horizontal competition, bolster the company's asset base, and enhance overall profitability. Upon the completion of the restructuring, Huali Microelectronics' logic and specialty process technologies will be seamlessly integrated into Hua Hong Semiconductor, augmenting production capacity by 38,000 wafers per month. Notably, despite a 19.09% year-over-year increase in revenue for Hua Hong Semiconductor in the first half of 2025, the company's net profit experienced a significant decline.
-
C114 Communication Network -
Communication Home
