MediaTek buys 19% of ALi for NT$555 million

Jack Lu, DigiTimes.com, Taipei

Jun 29, 2004, 16:13 0

MediaTek, the world’s largest optical storage chip provider, announced today that it has acquired 32.9 million shares, or 19%, of competitor ALi, replacing Acer as the ALi’s largest shareholder. The total investment was NT$555.2 million, MediaTek said in a...

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