Inari Amertron to grow presence in China

KUALA LUMPUR: Inari Amertron Bhd could be poised to capitalise on growth opportunities in China as it enters into a partnership with a venture capital firm incorporated by the country's top contract chipmaker.

Inari announced on Monday that it had inked a memorandum of undertanding to set up a joint venture with China Fortune-Tech, a unit of Semiconductor Manufacturing International Corporation, to carry out outsourced semiconductor assembly and test-related businesses in China.