Inari indirect unit setting up JV in China to undertake OSAT manufacturing

KUALA LUMPUR: Inari Amertron Bhd's indirect wholly-owned subsidiary, Amertron International Ltd, has entered into a joint-venture (JV) contract with CFTC (Yiwu) Equity Investment Fund Partnership (Ltd Ptd) and CFTC Equity Investment Management (Beijing) Co, Ltd to set up a JV company, Yiwu Semiconductor International Corporation.

In a filing with Bursa Malaysia, Inari said the JV company will bring together the strengths and expertise of all parties in carrying out outsourced semiconductor assembly and test (OSAT) manufacturing and related businesses in China for the local market.