Acer planning to invest in Focaltech Electronics by acquiring shares worth US$53.21 million

by Ashish

Acer disclosed that it plans to acquire some shares of display driver chip and touch chip manufacturer FocalTech Systems at a price of up to 1.5 billion Taiwan dollars (53.21 million US dollars).

The company’s announcement shows that it will acquire 7,537,700 shares of Duntai Electronics at a price of NT$199 per share, and the total transaction amount is about NT$1.5 billion.

Since the second half of 2020, the problem of chip shortage has become the main theme of the semiconductor industry. Today, the problem has spread to industries including automobiles, mobile phones, game consoles, and PCs.

Join us on Telegram

Earlier, reports quoted Acer’s chairman and CEO Jason Chen as saying that due to the shortage of related chips, Acer can only complete 30% of the notebook orders it has already received.

Sources said that investing in Duntai Electronics may help Acer obtain more display driver chips for its personal computers and other products. It is reported that due to the shortage of automotive chips, Honda, Volkswagen, Ford, Fiat Chrysler, Subaru, and other automakers have been forced to cut production, and some have even been forced to suspend production.

Related Posts

Leave a Comment