Huaqin Technology Expands into Semiconductor Wafer Manufacturing with 6% Stake Acquisition in UMC-Jinghe
3 week ago / Read about 0 minute
Author:小编   

On August 3, Huaqin Technology published an investor relations activity report, disclosing a strategic investment in UMC-Jinghe by acquiring a 6% equity stake for a transaction value of RMB 2.39 billion. This milestone marks Huaqin Technology's initial foray into the semiconductor wafer manufacturing sector, enabling a vertical integration of "end products + chip manufacturing." The move underscores the company's commitment to deepening its industrial footprint and broadening its business horizons.