Amlogic plans to acquire 100% equity of ChipMic for 316 million yuan
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Amlogic plans to acquire 100% equity of ChipMic for 316 million yuan, and after the transaction, ChipMic will become a wholly-owned subsidiary. ChipMic has an excellent core team and rich technical accumulation in the field of wireless communication, having launched multiple chips in areas such as the Internet of Things and generated revenue. This acquisition will promote deep synergy and complementarity of technical capabilities between the two parties
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