Foxsemicon draws investment from Applied Materials (Kevin Cheng/DigiTimes: IT news from Asia)

Kevin Cheng / DigiTimes: IT news from Asia
Foxsemicon draws investment from Applied Materials – Semiconductor equipment maker Foxsemicon Integrated Technology (FITI), an affiliate of the Foxconn Technology Group, has attracted about NT$1.7 billion (US$58.3 million) in investment from Applied Materials through private placement, according to the Taiwan-based company. Applied Materials will hold an 8.4% stake in Foxsemicon accordingly. …

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