Tag: semiconductor

HG Semiconductor Limited (“HG Semiconductor”, together with its subsidiaries, “the Group”; stock code: 6908.HK) is pleased to announce that the Group entered into a cooperation framework agreement (“Cooperation Framework Agreement”) with China Titans Energy Technology Group Co., Limited (“China Titans Energy”; Stock Code: 2188.HK) on 31 May 2022, to commence three-year strategic cooperation. China Titans Energy focuses on the development of power electronics, aiming to use the advanced technology of power electronics and automation control to address the needs of power transformation, supervision, controlling, optimisation, energy-saving and new energy utilization. Pursuant to the Cooperation Framework Agreement, the Group and China ... Read more

More than 40% of U.S. retail customers in the full-size pickup market bought Chevrolet and GMC trucks during the first quarter, while full-size SUV retail share approached 70% DETROIT – WEBWIRE – Friday, April 1, 2022 General Motors Co. (NYSE: GM) sold 512,846 vehicles in the United States in the first quarter of 2022, with improved semiconductor supplies supporting higher production and market share in key truck segments. “Our ability to meet pent-up demand improved dramatically thanks to a tremendous effort by our supply chain and manufacturing teams to keep our plants operating at close to ... Read more

HG Semiconductor Limited (“HG Semiconductor”, together with its subsidiaries, “the Group”, Stock Code: 6908.HK) is pleased to announce its establishment of its Global Strategic Advisory Committee with an aim to strengthen the Group’s business operations. The Advisory Committee initially consists of three members – Mr. Sonny Wu (“Mr. Wu”) was appointed as chairman of the Global Strategic Advisory Committee, while Mr. Kenneth James Bradley (“Mr. Bradley”) and Mr. Tang Yin Man (“Mr. Tang”) were appointed as members of the committee. The committee will report and advise the management of the Group with sound strategic and tactical advice on issues that ... Read more

HG Semiconductor Limited (“HG Semiconductor”, together with its subsidiaries, “the Group”, Stock Code: 6908.HK) is pleased to announce that the Group fulfilled and completed the placing agreement took place on 1 December 2021. An aggregate of 14,346,000 placing shares, representing approximately 2.55% of the issued share capital of the Group, have been successfully placed to not less than six placees at the placing price of HK$6.20 per placing share. The net proceeds from the placing, after deduction of the professional fee and other related expenses, amounted to approximately HK$86.2 million. The Group intends to apply approximately HK$64.3 million for strengthening ... Read more

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