Scientech Corporation (Stock Code: 3583), a major provider of semiconductor manufacturing equipment and reclaimed wafers, announced on May 18, 2026, that its Board of Directors has approved the acquisition of common shares in Sunpower Technology Co., Ltd.
Transaction Details: - Target: Sunpower Technology Co., Ltd. Common Stock - Quantity: 2,100,000 shares - Unit Price: 120 TWD - Total Amount: 252,000,000 TWD
Following this transaction, Scientech will hold approximately 60% of Sunpower Technology's shares. The transaction price was determined through negotiations within a reasonable range certified by independent experts, taking into account Sunpower's recent audited financial reports and future industry development trends.
The strategic objective of this acquisition is to form a three-way alliance among Scientech, Sun-Tai, and Sunpower. This partnership is designed to expand their combined market scale in the Heterogeneous Integration Advanced Packaging sector, a critical growth area for the semiconductor industry.
Financially, the transaction represents 0.91% of Scientech's total assets and 3.30% of the equity attributable to owners of the parent company based on the most recent financial statements. The Board and Audit Committee approved the acquisition on May 18, 2026.
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- Source: PR Times
- Category: Partnership