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Melfas to invest US$10m in Chinese semiconductor developer

Aug. 4, 2016 - 17:20 By 황유미
[DISCLOSURE] Melfas (096640) announced on Aug. 4 that it will invest US$10 million in an analog semiconductor developer in Jiangxi, China to enhance competitiveness in Chinese market and to profit from commercializing new IoT products. This amounts to 11.76 percent of its equity capital.