Passive component maker Yageo has disclosed plans to take part in uPI Semiconductor’s impending private placement. uPI Semiconductor is an affiliate of Asustek Computer specializing in Power Management ICs (PMIC) and power discretes, such as MOSFETs. Assuming the purchase goes through, Yageo will become the largest shareholder of uPI.
Yageo to acquire 20% stake in PMIC firm uPI
27
May