In March 2020, the company signed the Equity Transfer Agreement with Japan Pioneer Group, intending to acquire 0/00% equity of its subsidiary Pioneer Micro Technology/KLOC-and lay out the field of semiconductor chip design, especially the field of 5G-related optical communication and vehicle IC.
After years of development, Pioneer Micro Technology has formed major products including optoelectronic integrated circuits, optical sensors, display driver ic, vehicle IC and MEMS, and provided MBE and wafer foundry services. The acquisition also brought the company's own production equipment, including Japanese-made mask aligner equipment, of which five types are known at present.
At the same time, in order to lay out the R&D and design capabilities of the third generation semiconductor devices, during the reporting period, the company decided to acquire and control Shanghai Core Stone. The company plans to become its largest shareholder by holding 40% shares of Shanghai Core Stone. At present, the company has completed the acquisition of 40% equity of Shanghai Xinshi.
The announcement shows that Shanghai Core Stone is mainly engaged in Schottky diode chip business, and has more than ten years of technical reserves and industry experience in the field of semiconductor discrete device chips. At present, we are actively expanding the industrial layout from the field of power diodes to the fields of high-end power devices such as MOSFET, IGBT and SiC.
In order to realize business transformation and upgrading through the acquisition of Pioneer Micro-technology and participation in Shanghai Core Stone, Tang Zhi, UK, controlled to cut into the field of high-power semiconductors, especially the market of analog circuits and high-power device semiconductor chips based on silicon and silicon carbide.
In addition, the company's self-report: Through the acquisition of the above two companies, the company has initially acquired the ability in semiconductor design and manufacturing, and combined with the company's original customer and channel resources, the company's R&D, manufacturing and sales industrial chain framework in the field of semiconductor chips has been initially established.
Generally speaking, Tang Zhi Control successfully transformed the semiconductor field through the acquisition and holding of semiconductor companies, and at the same time mastered certain chip R&D and manufacturing capabilities. Previously, British Tang Zhi Control mainly engaged in the distribution of electronic components, but now, the chip business may be the future direction.