Phoenix Semiconductor parent firm gets $116-M fresh capital | ABS-CBN News – Abs Cbn News

MANILA – The Korean parent company of Phoenix Semiconductor Philippines Corp. has raised an estimated $116 million in additional working capital. The parent firm, STS Semiconductor and Telecommunications Co., Ltd., filed a disclosure with the Korea Exchange that reported the approval of its Board of Directors of the infusion of additional working capital.

Read the source article at abs-cbnnews.com

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