On August 24, the Chinese company Yingtang Zhikong said that the company’s planned acquisition of the Japanese chip semiconductor lithography machine Pioneer Micro Technology has been approved by the Japanese government. It is reported that Pioneer Microtechnology lithography machine is mainly used for the manufacture of analog chips, which is undoubtedly good news for promoting the development of domestic chips.
Yingtang Zhikong began its deployment in the upstream semiconductor field in March this year. On March 4 this year, it signed an “equity acquisition agreement” with the Japanese enterprise Pioneer Group. The two parties agreed to acquire the Pioneer Group at a benchmark price of 3 billion yen (about 1.95 billion yuan). The Vanguard held is 100% of the base.
Pioneer Micro Technology was established in 2003, and its predecessor can be traced back to the semiconductor laboratory of its parent company, Japan Pioneer Group, which came of age in 1977. Pioneer Micro Technology focuses on the R&D and production of analog IC and digital IC products for optical disc equipment and image processing. After years of development, it has formed main products including optoelectronic integrated circuits, optical sensors, Display driver ICs, automotive ICs, and MEMS. And provide MBE and foundry services.
As early as May 26, Yingtang Zhikong stated on the interactive platform that according to the agreement, the delivery time of the shares of Pioneer Microelectronics to be acquired by the company is expected to be no later than July 1, 2020.
However, due to the epidemic, the entry and exit of Japan is still under control, and the staff of both buyers and sellers cannot enter or leave the country for face-to-face delivery. At present, the representatives and lawyers of both parties are negotiating on the delivery matters and solutions. After confirming the feasible plan, the delivery can be carried out, and finally The delivery method and date will be disclosed separately after it is finalized.
On the other hand, investors asked whether the lithography machine project would cooperate with Huawei, and Yingtang Zhikong responded: Pioneer Microtechnology lithography machine is mainly used for the manufacture of analog chips, under the premise of meeting its own production and research and development needs , does not rule out providing capacity support to other qualified customers, but the company has not yet started this type of cooperation.