China’s largest OSAT provider JCET finalizes acquisition of WD’s subsidiary in Shanghai

On September 30, 2024, JCET, a prominent leader in China’s semiconductor packaging and testing industry, announced that its wholly-owned subsidiary, Changjiang Management Co., had completed the acquisition of an 80% equity stake in SanDisk Semiconductor (Shanghai) Co., Ltd., a packaging and testing subsidiary of Western Digital (WD).