a strategic investor /
CQJV
AOS to sell part of its CQJV equity interest
What happened
Alpha and Omega Semiconductor Limited agreed to sell approximately 20.3% of its equity interest in CQJV to a strategic investor. CQJV is a joint venture with a power semiconductor packaging, testing and 12-inch wafer fabrication facility in Chongqing, China.
The investor agreed to pay $150 million in four installments, subject to certain conditions.
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AOS to sell part of its CQJV equity interest
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