Proposed acquisition of German automotive chip manufacturing production line, Sai Microelectronics once opened more than 14% higher

Text/Forbes China

Image source: Visual China

On December 15, Sai Microelectronics once opened more than 14%, as of press time, narrowed to 8.8%, the stock price was reported at 28.06 yuan, and the total market value was 20.48 billion yuan.

On the evening of December 14, 300456.SZ announced that Silex, Sweden, a wholly-owned subsidiary of the company, intends to acquire the assets related to elmos' automotive chip manufacturing production line in Dortmund, North Rhine-Westphalia, Germany, for 84.5 million euros (including 7 million euros of wiped in progress).

Founded in 1984 and headquartered in Germany, Elmos was listed on the Frankfurt Stock Exchange in 1999 under the ticker symbol: FSE:ELG, currently employs 1,141 people and is a well-known automotive-grade semiconductor company. Elmos develops, manufactures and sells various CMOS (complementary metal oxide semiconductor) chips and sensor chips.

The company's product range covers automotive high-speed network communication interface chips, power supply voltage regulator chips, optical infrared sensing chips, motor drive system microcontrol chips, MEMS (micro-electromechanical systems) chips, etc. In addition, Elmos produces the world's leading application-specific integrated circuits (ASICs) and semiconductor chips used primarily in mixed-signal technologies in the automotive industry.

SaiWeielectronics said that through the acquisition of elmos's automotive chip manufacturing production line related assets, the company will further broaden the business scope of the core main business sensor and chip process manufacturing to the field of automotive electronics, and at the same time rapidly increase the overseas production capacity of meMS compatible with CMOS chip integrated process manufacturing, which is conducive to the company actively grasping the development opportunities of the global semiconductor characteristic process manufacturing industry, especially the rapid growth of global automotive chip and MEMS chip manufacturing demand. Thus promoting the further development of the company's business,

At present, the vehicle-grade chip is the hardest hit area of the global "chip shortage", which directly leads to a large number of car companies to reduce production and stop production. At the same time, the vehicle specification chip is also the main battlefield of domestic substitution, which needs to be broken through urgently. The acquisition of foreign assets by Sai Microelectronics can quickly expand the scale and obtain advanced technology, which will help promote the process of domestic substitution.