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ASMedia to acquire Techpoint for US$390 million to join automotive sector

Monica Chen, Taipei; Jessie Shen, DIGITIMES Asia 0

ASMedia president Chewei Lin. Credit: DIGITIMES

ASMedia's board of directors approved on January 15 the acquisition of Techpoint, a US-based company listed on the Tokyo Stock Exchange, for US$390 million. The move marks ASMedia's strategic entry into the automotive sector, according to ASMedia president...

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