China Wafer Level CSP to make additional investment in Israel's VisIC company to lay out third-generation semiconductor industry
2021-12-20 16:16:08 [Print]
China Wafer Level CSP Co., Ltd. recently announced that the company initiated the establishment of China Wafer Level CSP II Industrial Fund and invested in Israel VisIC Company. After the establishment and capital increase of China Wafer Level CSP II Industrial Fund, on the one hand, it plans to purchase a 6.85% equity of VisIC held by China Wafer Level CSP II Industrial Fund I at a consideration of USD10 million. On the other hand, it plans to invest USD10 million to purchase a total of 6.85% equity of VisIC Company held by VisIC's foreign shareholders. After the completion of the above deal, the company will hold the investment of USD20 million on VisIC (with a shareholding ratio of 13.7%) through China Wafer Level CSP II Industrial Fund.
The company states that VisIC is the world's leading third-generation semiconductor GaN (gallium nitride) device design company, and its gallium nitride power devices can be widely used in mobile phone chargers, electric vehicles, 5G base stations, high-power lasers and other application fields.
The company states that VisIC is the world's leading third-generation semiconductor GaN (gallium nitride) device design company, and its gallium nitride power devices can be widely used in mobile phone chargers, electric vehicles, 5G base stations, high-power lasers and other application fields.
Gallium Metal 99.99%min EXW China
Unit:RMB/kg
China gallium metal producers' number MoM output increase statistics by province by month
Unit: pcs
