China-based Fenghua to buy shares in passive component maker Viking Tech

Taiwan's Investment Commission has approved an application by China-based Fenghua Advanced Technology Holding to remit NT$1.399 billion (US$42.61 million) to purchase up to 35-40% of the outstanding shares of local passive component maker Viking Tech.

from DIGITIMES: IT news from Asia http://ift.tt/22xMT9z
via Yuichun