Spirox Announces Its Investment on Wintest to Create Win-Win in the Great China
Spirox Corp. (TWSE: 3055), a professional value-added solution provider, announces a strategic investment plan with its vendor partner Wintest Corp. (TYO: 6721), which agreed by the Board yesterday. Spirox will buy 9.09% of Wintest shares at JPY 220 (approx. NTD 62) per share, and Wintest will buy 5~6% of Spirox shares at NTD 40 per share. Spirox and Wintest will develop semiconductor test solutions together to fulfill customer demands resulted from semiconductor localization in the Great China.
Wintest Corp., a leading semiconductor test equipment manufacturer located in Japan, is specialized in display driver IC, TDDI and CIS/CCD testing and well-known for its high-speed, low power consumption features and the competitive price. Jiang Hui, President of Wintest, stated that Spirox is the best choice to expand the semiconductor test market with for its professional technical team and good customer relationships. Wintest deeply believes that this investment will build closer partnership with Spirox in both business and operations, and will create win-win in near future.
Wuhan JINGCE Electronic Group (SZ：300567), the major shareholder of Wintest Corp., is also a key strategic partner of Spirox. YangWei Shen, VP of Wuhan JINGCE Electronic, stated that the professional technical team of Spirox provides real-time customer service to fulfill customer requirements from design in to mass production. JINGCE is more than happy to see the strategic alliance of Spirox and Wintest, and will take Spirox as first source to promote Spirox/Wintest test solution in China.
Jack Chen, the Chairman of Spirox, comments, “This strategic cooperation with Wintest and Wuhan JINGCE Electronic is an important indicator to Spirox business transformation and also one of the key investments of Spirox’s Great China plan. The cooperation builds a strong relationship among customers and distribution vendor partners, and will lead to consistent goals, and jointly create the greatest benefits.”
About Wintest
Wintest Corp. (TYO: 6721), was founded in 1993, have always played a pioneering role on the semiconductor testing technology on array of Liquid display, image sensor and its Analog semiconductor device.
About Spirox
