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PTI expects strong rebound to take place in memory sector in 2H24

PTI expects strong rebound to take place in memory sector in 2H24
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Chinese storage specialist Longsys, a major client of US chip maker Micron, completes US$132 million takeover of Suzhou plant from Taiwan s Powertech

Storage systems specialist Shenzhen Longsys Electronics, one of US memory chip maker Micron Technology's largest clients in China, has completed its US$132 million takeover of a mainland plant from Taiwan's Powertech Technology, one of the world's largest semiconductor assembly, packaging and testing companies. Longsys, which makes digital storage products that include memory modules and solid-state drives, said in a filing to the Shenzhen Stock Exchange on Wednesday that it has finalised the ac

Strengthening the Industry Chain Layout: Longsys Successfully Acquires a 70% Equity Stake in Longforce

/PRNewswire/ On October 1, Shenzhen Longsys Electronics Co., Ltd.(301308.SZ) (hereinafter referred to as "Longsys") acquired a 70% equity stake in Powertech.

Chinese storage specialist Longsys, a major client of US chip maker Micron, completes US$132 million takeover of Suzhou plant from Taiwan s Powertech

Longsys, one of US chip maker Micron’s largest clients in China, has acquired a 70 per cent equity stake in Powertech Technology (Suzhou), which provides chip packaging, testing and surface-mount technology services in eastern Jiangsu province.

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