Author: maryjogoddard42

HG Semiconductor Announces its Strategic Investment in GaN Systems Inc.

HG Semiconductor Limited (“HG Semiconductor”, together with its subsidiaries, “the Group”, Stock Code: 6908.HK) is pleased to announce that FastSemi Holding Limited, a wholly-owned subsidiary of the Group, has invested in GaN Systems Inc. (“GaN Systems”), a leader in gallium nitride (“GaN”) technology, and agreed to invest by subscribing for the series F-2 convertible preference shares in GaN Systems as a strategic investor. Incorporated in Canada, GaN Systems is principally engaged in developing a broad range of GaN related products including high current GaN power semiconductors. With in-depth knowledge in GaN technology, the management team of GaN Systems combines decades ... Read more