Key ASIC to acquire US foundry

In a statement yesterday, Key ASIC said it had issued a letter of intent (LOI), which was accepted by the US foundry.

PETALING JAYA: Key Asic Bhd is set to acquire a 100% stake of a United States foundry with silicon carbide and developing gallium nitrite technologies.

In a statement yesterday, Key ASIC said it had issued a letter of intent (LOI), which was accepted by the US foundry.