According to the announcement, the acquisition of Maxim's smart meter and energy monitoring business unit, today announced the launch of the acquisition strategy, Dong Block Chen Wei announced that not only to $ 105 million acquisition of the United States letter wisdom Meter and energy monitoring business unit, will also be not more than 20 million US dollars price, buy NXP's LED lighting drive product line. Chen Wei pointed out that the United States is the smart meter and energy efficiency monitoring leader, the acquisition of relevant departments can quickly expand the market share of silicon and product line, the current North American and mainland China market has a large number of smart meters, in Europe and the Indian market Development potential; as for energy monitoring can be applied to the field of things. The acquisition of Maxim's smart meter and energy monitoring business unit is expected to be completed in the first quarter of this year. At the same time for the rapid expansion of production lines, Chen Wei also announced today, once again start the acquisition strategy, will not exceed 20 million US dollars price, buy NXP's LED lighting driver product line, the time point for the first half of this year. Chen Wei added, LED lighting widely used in the United States and the Japanese market is more large-scale, emerging markets also have considerable growth potential, through the acquisition of NXP LED lighting drive product line, will allow silicon force quickly into Europe and the United States in the high-end lighting market. And as of the end of the third quarter of last year, silicon hand cash about
70 million US dollars, for the two cases required for the acquisition of funds where the short term will be to bank loans to respond. For more information on LED, please click on China LED Network or focus on WeChat public account (cnLED Recessed Spotlightw2013).