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BUSINESS
December 8, 1992
A Taiwanese firm will obtain majority control of Diodes Inc. in Chatsworth under an agreement announced by the companies. Diodes, which makes semiconductor components, said it agreed to sell 384,616 newly issued common shares to Lite-On Power Semiconductor of Taiwan for $400,000. Lite-On Power is a unit of Silitek Corp., a Taiwanese semiconductor concern that already is a major Diodes stockholder. Following completion of the sale, Lite-On and Silitek will own 51.
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BUSINESS
December 8, 1992
A Taiwanese firm will obtain majority control of Diodes Inc. in Chatsworth under an agreement announced by the companies. Diodes, which makes semiconductor components, said it agreed to sell 384,616 newly issued common shares to Lite-On Power Semiconductor of Taiwan for $400,000. Lite-On Power is a unit of Silitek Corp., a Taiwanese semiconductor concern that already is a major Diodes stockholder. Following completion of the sale, Lite-On and Silitek will own 51.
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BUSINESS
August 1, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
EECO Inc., the computer parts maker that filed for bankruptcy protection in May, said Tuesday it has sold the assets of its Maxi-Switch Keyboard Division to a Taiwanese electronics company. EECO said in a statement it sold the Tucson-based division to Silitek, exclusive of any liabilities. Terms of the deal were not disclosed. Silitek will retain EECO's 100 employees in Tucson, where Taipei-based Silitek will establish its U.S. headquarters.
BUSINESS
August 1, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
EECO Inc., the computer parts maker that filed for bankruptcy protection in May, said Tuesday it has sold the assets of its Maxi-Switch Keyboard Division to a Taiwanese electronics company. EECO said in a statement it sold the Tucson-based division to Silitek, exclusive of any liabilities. Terms of the deal were not disclosed. Silitek will retain EECO's 100 employees in Tucson, where Taipei-based Silitek will establish its U.S. headquarters.
BUSINESS
December 19, 1989
Silitek Corp., a Taiwanese semiconductor company, agreed to buy a 20% stake in Diodes Inc., a Chatsworth producer of semiconductor products, for $1.9 million. Silitek agreed to buy 1 million newly issued Diodes common shares for $1.875 each, which would raise the total number of Diodes common shares outstanding to about 4.7 million. After the transaction, Silitek and Microsemi Corp.
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