Tsinghu Unigroup to buy 25% stake in PTI for NT$19.4 billion

China's state-owned Tsinghua Unigroup will invest a total of NT$19.4 billion (US$598 million) in Powertech Technology (PTI) through private placement, according to the Taiwan-based memory packaging and testing specialist.

from DIGITIMES: IT news from Asia http://ift.tt/1GXhyW1
via Yuichun