A worker checks a silicon wafer at the Singapore factory of UTAC, which was bought by Wise Road Capital. Photo: Reuters
A worker checks a silicon wafer at the Singapore factory of UTAC, which was bought by Wise Road Capital. Photo: Reuters

exclusive | Chinese semiconductor buyout fund says it follows ‘market logic’, not Beijing’s orders, as US reviews its South Korean chip deal

  • The Beijing-based firm came under the spotlight after it announced its intention to purchase South Korea’s Magnachip Semiconductor for US$1.4 billion
  • Wise Road Capital said it does not have a specific strategy of moving production into China after acquiring foreign semiconductor assets

A worker checks a silicon wafer at the Singapore factory of UTAC, which was bought by Wise Road Capital. Photo: Reuters
A worker checks a silicon wafer at the Singapore factory of UTAC, which was bought by Wise Road Capital. Photo: Reuters
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