Synaptics sells display integrated touch chip business to Qingxin Huachuang
Recently, global display touch giant Xinsi technology announced to sell its tddi display integrated touch chip business to Qingxin Huachuang for 120 million US dollars. Xinsi Synaptics Co., Ltd. was founded in 1986. It is mainly engaged in human-computer interface interaction, specifically various sensors, touch chips, fingerprint, iris recognition chips, etc. many laptop touch boards, smartphone fingerprint chips and panel touch chips are provided by Xinsi.
The LCD tddi business of Xinsi is sold this time, that is, the integrated business of touch chip and display chip, which was first invented by Xinsi. However, at present, the market competition in this field is fierce, especially the domestic oefi light and sunny light companies have also entered this market, leading to a sharp decline in price. Xinsi technology has long wanted to get rid of this part of business.
Qingxin Huachuang, originally an investment management company jointly founded by Zhongxin international and qingkong Jinxin capital management (Beijing) Co., Ltd., a subsidiary of qingkong Jinxin capital management (Beijing) Co., Ltd., a subsidiary of qingkong Jinxin capital management (Beijing) Co., Ltd., is the acquisition of their business.
In recent years, Qingxin Huachuang has been very active in semiconductor investment and acquisition activities. Before that, their biggest action was to acquire ov Howell semiconductor in the United States, and then they sold it to Beijing weil. This time, they spent 120 million dollars to acquire the tddi touch chip business of Xinsi, which should be sold to domestic semiconductor companies in the future.