Chipower Acquisition of Chengxin Microelectronics Approved by Shanghai Stock Exchange, Pending Regulatory Clearance for Next Steps
2025-05-20 / Read about 0 minute
Author:小编   

Chipower announced that its acquisition of Chengxin Microelectronics has received the green light from the Shanghai Stock Exchange, though it still awaits approval from relevant regulatory bodies. The primary objective of this acquisition is to integrate Chengxin Microelectronics' resources with Chipower's existing operations, fostering synergies and advancing the development of automotive and industrial-grade chip portfolio solutions.