China Resources' acquisition of JCET shares is killing two birds with one stone

Amanda Liang, analysis; Judy Lin, DIGITIMES Asia 0

Credit: JCET

In March, China Resources announced the stunning news of acquiring SMIC's shares of JCET Group, a packaging and testing firm invested by China's National IC Industry Investment Fund (the "Big Fund"). The deal is a delicately calculated move rendering...

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