The Korea Herald

피터빈트

Melfas to invest US$10m in Chinese semiconductor developer

By 황유미

Published : Aug. 4, 2016 - 17:20

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[DISCLOSURE] Melfas (096640) announced on Aug. 4 that it will invest US$10 million in an analog semiconductor developer in Jiangxi, China to enhance competitiveness in Chinese market and to profit from commercializing new IoT products. This amounts to 11.76 percent of its equity capital.