Brief: Innotech forms business alliance with V-Technology, to set up JV in China

INNOTECH

08/11/2018 06:25

Nov 8 (Reuters) - Innotech Corp  9880.T  
    
    * Says it forms business alliance with V-Technology Co.,Ltd.
on
tester business for semiconductor memory in China
    * Says it will set up a JV named Zhejiang Chip Sunshine
Equipment
Technology Co., Ltd with partners, in November 
    * The JV will be capitalized at $12 million 
    * Says it will hold 10 percent stake in the JV 

    
    Source text in Japanese:http://bit.ly/2SXL3z0
    Further company coverage: 9880.T 

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