MELAKA, MALAYSIA – Goh Seng Chong and a Singaporean group have made a $40 million bid for Cubic Electronics, a manufacturing segment of Creative Technology Ltd.
Goh, former VP and GM of Cubic Electronics, and his partner have acquired 80.1% interest and control of the company.
Cubic is the largest manufacturing facility for Creative Technology with 1.2 million sq. ft. and approximately 2,500 employees.
Acquisition reportedly should be completed by the end of May.
SINGAPORE − Advanced Interconnect Technologies, a provider of semiconductor assembly and test services, announced that it has received JEDEC approval for its QFN-style Etched Leadless Package.
AIT’s patented ELP is a Quad Pb-free staggered and inline multi-row package with metallized terminals along the edges of the bottom surface. The package is offered in two- or three-row configurations. ELP reportedly offers a small footprint, low cost and design flexibility for higher I/O count.