Latest news with #SichuanYichongTechnology
Yahoo
a day ago
- Business
- Yahoo
Shanghai Bright Power plans to buy Chinese charging chip maker for $457 million
HONG KONG (Reuters) -Shanghai Bright Power Semiconductor has agreed to buy a 100% stake in a Chinese wireless charging chip maker for 3.28 billion yuan ($457 million), to further expand its products portfolio and enhance competitiveness, it said in a Shanghai stock exchange filing late on Tuesday. The Shanghai-listed firm said it would buy the stake in Sichuan Yichong Technology from the company's shareholders, in a deal to be settled in cash and issue of shares. ($1 = 7.1819 Chinese yuan)
Reuters
a day ago
- Business
- Reuters
Shanghai Bright Power plans to buy Chinese charging chip maker for $457 mln
HONG KONG, Aug 20 (Reuters) - Shanghai Bright Power Semiconductor ( opens new tab has agreed to buy a 100% stake in a Chinese wireless charging chip maker for 3.28 billion yuan ($457 million), to further expand its products portfolio and enhance competitiveness, it said in a Shanghai stock exchange filing, opens new tab late on Tuesday. The Shanghai-listed firm said it would buy the stake in Sichuan Yichong Technology from the company's shareholders, in a deal to be settled in cash and issue of shares. ($1 = 7.1819 Chinese yuan)
