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China's NSIG to absorb loss-making wafer subsidiaries in US$967M restructuring

Staff reporter, Taipei; Levi Li, DIGITIMES Asia 0

Credit: National Silicon Industry Group

China's top silicon wafer maker, National Silicon Industry Group (NSIG), has unveiled a major restructuring, taking full control of three loss-making 12-inch wafer subsidiaries. The buyout, valued at CNY7.04 billion (approx. US$967 million), will be...

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