Solar power plant EPC to buy buy buy! He shares to 8. The $500 million acquisition of Synaptics TDDI business

As a semiconductor device design, sales manufacturers, since 2019 shares, shares rose more than 4 times, become one of the market value of billions of semiconductor of listed companies. 51%; 14%, this is also since 2015, shares the best results. 56%. 200 million dollars ( 500 million yuan) 。

announcement, a wholly owned subsidiary companies with overseas, semiconductor Hong Kong co. , LTD. ( WILL semiconductor Limited, hereinafter referred to as & other; Hong Kong weir & throughout; ） With suzhou Jie sinter and equity investment partnership ( Limited partnership) ( Hereinafter referred to as & other; Jie sinter gen & throughout; ） The $200 million acquisition of the underlying business. Subscribed investment, Hong Kong, $84 million, solar portal, Jie sinter and $36 million respectively, solar power network, the mode of monetary investment.

it is understood that the dealing party Synaptics company's headquarters in SAN jose, California in the United States, was established in 1986. It is one of the world's leading international mobile computing, communications and entertainment equipment man-machine interface interaction development solutions for design and manufacturing company.

he shares the deal to buy the target mainly for Synaptics Incorporated (nasdaq: PCLN - news) based on single chip LCD touch in Asia and display driver chip business, and fixed assets, intellectual property rights associated with the underlying business, personnel, assets such as stocks.

as early as 2014, Synaptics pioneered TDDI ( 触摸和显示驱动集成- Touch and display driver integration) Concept, make mobile electronic devices thinner and longer life, lower cost, better display effect. After years of development, TDDI technology has become the mainstream of mobile terminal display and touch technology, Synaptics, also with TDDI chip netting the OPPO, huawei, samsung, millet and other well-known mobile phone manufacturer.

from the underlying business revenue and accounts for the last 3 years than the situation as you can see, China solar energy network, 2017-2019, Synaptics revenue decreasing, but the underlying business benign rise.

is a vail shares increase company in touch with the display driver chip business in the field of product layout, realize the coordinated development of company in the field of each product, in order to make the terminal market to better adapt to the future image sensor and touch and display chip is more complex in the field of product demand;

2 TDDI business in supply chain and end customers and the company has both overlap degree is high, after completion of the acquisition will enrich the company's product layout, bring to the company new growth opportunity.

in addition, in the past two years China's trade environment, not only affect domestic manufacturers, the impact on the U. S. company Synaptics also not small. Weir TDDI business acquisition of shares will be beneficial to the realization of domestic display driver products independently controllable, solar energy, use of the terminal customers deep relations of cooperation, rapid ascension TDDI business market share.