Nexchip Semiconductor Hikes Stake in Chip Parts Maker to 32%

MT Newswires Live
Yesterday

Nexchip Semiconductor (SHA:688249, HKG:2249) will increase its stake in semiconductor parts maker Anhui Jingmei Photomask to about 32.16% from about 16.67% through a capital increase.

The company will contribute its 100% equity in Hefei Jingwei, valued at 908.3 million yuan, while other investors will contribute 1.29 billion yuan in cash, according to a filing with the Shanghai bourse.

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