Hong Kong first thinks to spend 6.8 billion won to acquire South Korea's largest distributor of Fairchild

[High-tech LED News] Hong Kong Xiansi Bank recently announced that the company intends to acquire P&S Semiconductor Co., Ltd. from 5 holders for no more than 6.8 billion won. The acquisition is expected to be June 30. Or complete before the end.

The company is the largest distributor of semiconductor products of Fairchild Semiconductor International Inc. in Korea, and its main customers include Hyundai Heavy Industries, Carrier, Daewoo Electronics, LG Industry and so on. At the same time, LED power drives are also distributed to LED lighting users.

Xiansi believes that its sales channels and business relationships will further promote the Group's growth in the domestic LED and semiconductor business to broaden its business in East Asia.

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