Diodes Incorporated Completes Purchase of Lite-On Semiconductor Corporation
Dec. 18, 2020
On November 30th, 2020, Diodes Inc. announced the completion of its acquisition of Lite-On Semiconductor. With this acquisition, Diodes Inc. expands their discrete product offerings, including providing them with a leadership position in glass-passivated bridges and rectifiers that will allow them to further extend their position in the Automotive and Industrial market spaces. And to top it off, the acquisition expands their wafer fabrication and assembly and test capacity and provides them an opportunity to improve LSC’s profitability through operating and manufacturing improvements as well as increased factory utilization.
