Kevin Cheng / DigiTimes: IT news from Asia
Foxsemicon draws investment from Applied Materials – Semiconductor equipment maker Foxsemicon Integrated Technology (FITI), an affiliate of the Foxconn Technology Group, has attracted about NT$1.7 billion (US$58.3 million) in investment from Applied Materials through private placement, according to the Taiwan-based company. Applied Materials will hold an 8.4% stake in Foxsemicon accordingly. …