MEMSensing Microsystems (Suzhou, China) Co., Ltd. acquired remaining 20% stake in Suzhou Xinyi Microelectronics Technology Co., Ltd. from Zhu Xiaoting for CNY 3.9 million.
November 09, 2021
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MEMSensing Microsystems (Suzhou, China) Co., Ltd. (SHSE:688286) agreed to acquire remaining 20% stake in Suzhou Xinyi Microelectronics Technology Co., Ltd. from Zhu Xiaoting for CNY 3.9 million on September 29, 2021. Upon completion, Suzhou Xinyi Microelectronics Technology will operate as wholly owned subsidiary of MEMSensing Microsystems (Suzhou, China) Co., Ltd. MEMSensing Microsystems (Suzhou, China) Co., Ltd. will fund the acquisition from existing ones.
MEMSensing Microsystems (Suzhou, China) Co., Ltd. (SHSE:688286) completed the acquisition of remaining 20% stake in Suzhou Xinyi Microelectronics Technology Co., Ltd. from Zhu Xiaoting on November 10, 2021.
Memsensing Microsystems Suzhou China Co Ltd is a China-based company mainly engaged in the design, research, development and sales of semiconductor chips. The Company's main product lines include micro-electro-mechanical system (MEMS) microphones, MEMS pressure sensors and MEMS inertial sensors. Its products are mainly used in consumer electronics products such as smart phones, tablet computers, notebook computers, wearable devices and smart homes. The Company mainly conducts its businesses in the China market.
MEMSENSING MICROSYSTEMS (SUZHOU, CHINA) CO., LTD. 
