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End-of-day quote
Other stock markets
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5-day change | 1st Jan Change | ||
| 25.17 CNY | +3.54% |
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+2.57% | -15.71% |
| Apr. 25 | JCET Group's Q1 Profit Jumps 23% | MT |
| Apr. 24 | JCET Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
BEIJING (Reuters) - China's chip assembly and testing firm JCET said on Monday it plans to buy an 80% stake in SanDisk China's Shanghai-based unit specialising in flash memory products for about $624 million via cash.
Western Digital Corporation, parent company of SanDisk China, has established a long-term cooperation partnership with JCET since 2003, the company said in a filing to Shanghai bourse.
SanDisk Semiconductor Shanghai will become a joint venture of JCET and Western Digital, it said, adding that it will hold a 80% stake in the JV.
(Reporting by Beijing newsroom, editing by Ed Osmond)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 2,686 PTS | +0.86% | +2.29% | - | ||
| 71.36 USD | +2.76% | +8.04% | 23.3B | ||
| 25.17 CNY | +3.54% | +2.57% | 6.21B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -15.71% | 6.21B | |
| +77.16% | 2,159B | |
| +20.41% | 623B | |
| +31.87% | 622B | |
| +6.78% | 254B | |
| +14.54% | 185B | |
| +4.12% | 162B | |
| +34.57% | 127B | |
| +35.67% | 105B | |
| +1.72% | 100B |
JCET GROUP CO., LTD. 
