Thursday, November 6, 2014
STATS ChipPAC
STATS ChipPAC: incidentally STATS and Jiangsu Changjiang Electronics (JCE) (600584 CH) are both on trading halt.
While STATS has not given clues as to the nature of the halt, JCE says in a statement that it is planning a significant corporate action that may or may not materialise.
Currently, STATS and JCE are ranked 4th and 6th largest globally , in terms of semiconductor packaging and assembly services.
If the two groups merge, analysts say the enlarged group would vault to 3rd place, giving them an increased competitive advantage.
http://webcache.googleusercontent.com/search?q=cache:W1WaefnF0Q8J:laoyaoba.com/ss6/html/48/n-518348.html+&cd=3&hl=en&ct=clnk
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