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KYEC to merge with fellow backend company

Julian Ho, Taipei; Jessie Shen, DIGITIMES Asia 0

King Yuan Electronics (KYEC) has agreed to merge with Dawning Leading Technology (DL-Tek), in which KYEC already holds a 33.5% stake, according to the companies. The merger is set to be completed on November 1, with KYEC being the surviving company.

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