Xunxin-KY's subsidiary invested in Suzhou Shengfan Semiconductor to expand its business into metal lead frame products

At the end of January this year, Xunxin-KY invested in Suzhou Shengfan Semiconductor in China through its subsidiary, with an investment limit of US$21.37 million. The investment aims to expand its business to metal lead frame products, and to deploy in the automotive field such as electric vehicles, while establishing a packaging and testing foundry service base in northern China.