Upgraded ‘Equity Transfer + Acquisition’ Model: Cross-Industry Acquisition of Loss-Making Semiconductor Companies with Four Key Highlights

Upgraded 'Equity Transfer + Acquisition' Model: Cross-Industry Acquisition of Loss-Making Semiconductor Companies with Four Key Highlights

On November 16, 2025, Heshun Petroleum (603353.SH) announced its plan to acquire at least 34% equity in Kuixin Technology through a cash transaction not exceeding 540 million yuan, utilizing a “purchase of old shares + capital increase” method, and to control 51% of the voting rights of the target company through a voting right entrustment, … Read more

Private Gas Stations Venture into the Chip Industry

Private Gas Stations Venture into the Chip Industry

Acquisition target signs a performance commitment of 2.1 billion yuan.Written by丨Lieyun Selected ID: lieyunjingxuan Author丨Shao Yangang Oil companies are also venturing into chip manufacturing.Recently, Heshun Petroleum, known as the “first private gas station stock,” plans to acquire 34% of the semiconductor IP company Kuixin Technology for no more than 540 million yuan, and through voting … Read more

SoftBank’s Acquisition of ARM: Insights from the Largest Merger in China’s Semiconductor Industry

On July 18, chip giant ARM was acquired by Japan’s SoftBank for £24.3 billion, marking the largest acquisition since Masayoshi Son founded SoftBank. SoftBank’s offer for ARM was £17 per share, a 43% premium over ARM’s closing price the previous week. With such a high premium, SoftBank’s focus is clear: the Internet of Things (IoT), … Read more

The Background and Implications of the Nexperia Semiconductor Control Incident in the Netherlands

The so-called “Nexperia Semiconductor Incident” essentially refers to a case involving a company with Dutch identity and Chinese capital that was forced to reverse its acquisition of critical assets in the UK due to geopolitical red lines. 1. The “Dutch Heritage” of Nexperia Semiconductor and Chinese Capital. Nexperia Semiconductor is not a purely Chinese company. … Read more

Ningbo’s Chip Tycoon: Bold Acquisitions Break US-Japan Monopoly, Becoming the World’s Third

Ningbo's Chip Tycoon: Bold Acquisitions Break US-Japan Monopoly, Becoming the World's Third

Ningbo’s Chip Tycoon: Bold Acquisitions Break US-Japan Monopoly, Becoming the World’s Third Who would have thought that Ningbo would produce a “chip tycoon” who boldly spent 15.3 billion yuan to acquire a global giant? It sounds unbelievable. Let me ask: have you ever seen such a “bold” acquisition? The protagonist is named Yu Renrong, hailing … Read more

Ice and Fire: Chip Founder Exits for Zero, Investors Earn Threefold in a Year

Ice and Fire: Chip Founder Exits for Zero, Investors Earn Threefold in a Year

Recently, the chip leader with a market value exceeding 40 billion yuan, AmLogic (688099.SH), announced its intention to acquire 100% equity of Chip Micro Semiconductor (Jiaxing) Co., Ltd. (referred to as “Chip Micro”) for 316 million yuan in cash. This seemingly ordinary acquisition has sparked heated discussions in the industry due to a shocking detail: … Read more

Yangzhou’s Female Chip CEO Leads a 2.2 Billion Acquisition

Yangzhou's Female Chip CEO Leads a 2.2 Billion Acquisition

This article is reprinted from the Semiconductor Industry (ID: ICVIEWS), by21st Century Business Review Exhibiting financial skills to expand scale. Yangzhou’s female CEO, Liang Qin, is about to acquire an electronic components company. In mid-September, her controlled company, Yangjie Technology, announced plans to acquire 100% of Better Electronics for 2.218 billion yuan in cash. The … Read more

China Approves ADI’s Acquisition of Maxim: What Does It Mean for Xilinx?

China Approves ADI's Acquisition of Maxim: What Does It Mean for Xilinx?

In July last year, news broke that ADI was acquiring its analog chip peer Maxim, which was later confirmed. ADI acquired Maxim in an all-stock transaction valued at $21 billion, resulting in a combined market capitalization of over $68 billion based on their respective market values at the time. After more than a year of … Read more

Has Renesas Electronics Fulfilled Its Growth Commitment to Altium?

Has Renesas Electronics Fulfilled Its Growth Commitment to Altium?

Since Renesas Electronics completed its acquisition of Altium for $5.91 billion in 2024, there has been significant interest in whether this PCB design software company can deliver on its growth commitments made at the time of acquisition, supported by the semiconductor giant. After all, this transaction came at a notable premium, exceeding Autodesk’s $3.9 billion … Read more

Sunflower’s Cross-Industry Acquisition: Opportunities and Challenges in the Semiconductor Sector

Sunflower's Cross-Industry Acquisition: Opportunities and Challenges in the Semiconductor Sector

Sunflower’s Cross-Industry Acquisition: Opportunities and Challenges in the Semiconductor Sector On the evening of September 7, 2025, Sunflower (300111.SZ) announced that the company is planning to acquire a controlling stake in Zhangzhou Xipu Material Technology Co., Ltd. (hereinafter referred to as “Xipu Materials”) and 40% equity of Zhejiang Beid Pharmaceutical Co., Ltd. (hereinafter referred to … Read more