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AeternZ Approves $614 Million for Texas Chip-Testing Site

AeternZ Approves $614 Million for Texas Chip-Testing Site

Photo: TokenPost

AeternZ, the U.S. subsidiary of King Yuan Electronics (KYEC), approved about $614 million in purchases for a semiconductor-testing site in Fort Worth, Texas. The transaction announcements do not identify a customer for the site's capacity. KYEC announced Oct. 29 that AeternZ's board had approved five transactions. They include $79.35 million for land and a building, about $349 million for facility equipment from TRANTEK, and purchases of testing machines from three suppliers. The machine orders include about $151 million for 200 equipment sets from Hon.

Source: TokenPost

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