China chip-packaging giant JCET takes over Shanghai plant of US flash memory maker SanDisk

China chip-packaging giant JCET takes over Shanghai plant of US flash memory maker SanDisk

Chinese chip-packaging and testing giant Jiangsu Changjiang Electronics Tech (JCET) has completed its acquisition of an 80 per cent equity stake in the Shanghai plant of US flash memory maker SanDisk, the latest example of a transition in the global semiconductor value chain. JCET Management, a subsidiary of JCET, obtained that stake through a joint … Read more