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VIA TECHNOLOGIES INC to Establish Joint Venture; to Sell AOC Cable System

Thursday, 31 Oct 2013 05:53am EDT 

VIA TECHNOLOGIES INC announced that it will establish a joint venture in Wuhan. The Company will invest approximately RMB 100 million and hold a 30.77% stake in the joint venture. The joint venture will be engaged in development of AOC product market. The Company's subsidiary will sell AOC cable system to the joint venture, for approximately RMB 150 million. 

Company Quote

-0.25 -1.09%
25 Jul 2014