Sanan Optoelectronics to buy GCS for $226m

Chinese LED maker’s offer for the US firm is yet another example of China’s huge acquisitive interest in foreign semiconductor assets but may face regulatory hurdles.

China’s huge acquisitive interest in foreign semiconductor business does not seem to be cooling down despite a slowing domestic economy. In fact, Chinese enterprises may now have more pressure to adopt the “go-abroad” strategy to stimulate growth.

¬ Haymarket Media Limited. All rights reserved.

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