Acer To Sell Off Memory Module Subsidiary Apacer
Acer has decided to sell off all of its 34.4% holding in memory module subsidiary Apacer Technology, with Powerchip Semiconductor Corporation (PSC), A-Data Technology, and Apacer’s current management team set to take up the released shares, according to industry sources. PSC is expected to take a thin slice of the Acer holdings, which will nevertheless make it the biggest shareholder of Apacer with an almost 25% stake, the sources said.
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