HC semitek acquisition by MEMSIC semiconductor things ride"

Currently in the suspension of the HC semitek, displayed in the asset restructuring plan released in July 21st this year, the initial restructuring of the underlying asset for harmonious core optical (Yiwu) Photoelectric Technology Co. Ltd., and the company purchased MEMSIC Semiconductor Co. Ltd. (hereinafter referred to as the MEMSIC semiconductor) 100% stake.

It is understood that, as a leading company of sensor industry, new semiconductor major competitors in the United States and Japan and other countries, currently in the country there is no rival. With HC semitek funds into the future will be the industry MEMSIC semiconductor acquisitions and mergers, and HC semitek will also form a LED sensor and double main industry development.

It is worth noting that, as the sensor networking technology products key chain, with the development of the network industry, it is to bring opportunities especially as Wuxi Meixin semiconductor, things are, with the policy level to the networking industry support, will put the sensor industry into the air.

The acquisition of new semiconductor

As the second major domestic LED chip production enterprises, HC semitek in July 21st issued a preliminary restructuring plan that will issue shares to buy assets, the underlying assets for the harmonious core optical (Yiwu) Photoelectric Technology Co. Ltd. (hereinafter referred to as SPV), from SPV to the transaction of the Target Corp shareholders to buy 100% stake in the Target Corp. This transaction Target Corp MEMSIC semiconductor company, is a global micro electromechanical (MEMS) sensor industry leading technology enterprise.

Public data shows, new semiconductor is a company engaged in manufacturing, R & D and sales of integrated micro electro mechanical (MEMS, IC) - electronic mechanical integration technology chip (MEMS, IC) semiconductor chip enterprise science and technology enterprise conductor. Special focus on sensor products R & D and production, the production of the sensor can measure the acceleration, vibration, shock, motion and gravity acceleration, and for the first time in the world of sensors, analog signal and digital signal processing three integrated on a chip, the change of acceleration measurement of X, Y in two independent directions.

It is understood that the new semiconductor was founded in 2001, and was listed on NASDAQ in 2007, became the first and only one pure MEMS products listed company, in 2013 after being privatized.

And for HC semitek cooperation, MEMSIC semiconductor chairman Zhao Yang said, "cooperation and Huacan, because the two sides are semiconductor industry. The future will be in the center of the acquisition and merger. With the advent of capital, we have begun to talk about the subject of some European and American markets. We are a technology oriented company, the goal is to acquire the world's top technology companies, the domestic sensor technology is relatively small. "

Then, the main industry for the LED industry, HC semitek, why the acquisition of industry to MEMSIC semiconductor sensor? In this regard, HC semitek President Liu Rong said, the company through the heavy investment of LED industry, in order to promote the development of the company, hope to introduce some new business, but new business can not be too far apart, so the acquisition of the new, "because all semiconductor, only a LED, a a sensor is two, many industries are interlinked, and we can have many complementary things. MEMSIC has more advantages in the international market, but this is precisely the lack of Huacan, the future can use beauty channels to enter the international market. "

At the same time, Liu Rong also said, "we in the LED industry, after so many years of R & D and manufacturing, low cost and accumulated rich manufacturing experience, the experience of the new development in the future will play a big role. The future Huacan is LED and the sensor of double main industry development, we hope that with the power of capital markets, to help the new rapid bigger and stronger. "

Look at the new technology advantage

The main products are the MEMSIC semiconductor acceleration sensor, magnetic sensor and vehicle sensor. In the field of production of these three types of sensors, in addition to a number of world-renowned enterprises, domestic enterprises can not compete. Among them, the geomagnetic sensor MEMSIC semiconductor domestic market accounted for about 30%, which accounts for about 25% of the acceleration sensor.

Zhao Yang said, "as one of several international main production enterprises, the new competitor is still large foreign companies, such as Japan's AKM, and BOSCH, STMicroelectronics group and other large companies. We do not have any subsidies here, if there is no technical advantage, it can not compete with them, because they lose money in the company subsidies, we can only rely on their own. "

As Zhao Yang said, the technology is also the advantage of China can see. "We think that at present, new semiconductor technology is the absolute first. The company's biggest potential is the technological advantage, we also see this. We hope to rely on the new, the world's major competitors to catch up. Liu Rong told reporters.

It is understood that in recent years, with the domestic market and the rise of flow sensor technology talents, MEMSIC semiconductor also began to shift to the domestic market. Our R & D center in the United States and China at the same time, but most have been in China, before the development of all in the United states. Sensor market 80% in China and the United States, to hold the two markets, it is enough. Zhao Yang said.

In the sensor industry, it seems that most of the current domestic sensor companies to follow up quickly, more is to copy and improve