WT Microelectronics acquires 20% stake in WT Semiconductor to accelerate integration of Singapore subsidiary

Digitimes
By Charlene ChenDec 16, 2024, 9:26 pm429 ptsTop
IC distributor WT Microelectronics announced on December 16 that it will acquire a 20% stake in WT Semiconductor from Excelpoint founder and CEO Albert Phuay Yong Hen for approximately US$30.08 million. This move aims to expedite the integration process between the two companies and enhance operational…

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