We advised FAIRTECH CORPORATION in its merger with FOXSEMICON INTEGRATED TECHNOLOGY INC. (stock code: 3413). FOXSEMICON acquired 51% of FAIRTECH’s shares and secured board control for NT$2 billion (NT$138 per share). Founded in 1994 with paid-in capital of NT$285 million, FAIRTECH specializes in technical services and maintenance for semiconductor and aerospace equipment. With 2024 revenues of NT$1 billion and a client base spanning domestic and international wafer fabs, FAIRTECH’s electromechanical expertise complements FOXSEMICON’s manufacturing strengths. This strategic integration will enhance manufacturing synergy and market competitiveness. More details here: Commercial Times