PSC collateralizes Rexchip shares in exchange for fund injection from Kingston

Josephine Lien, Taipei

Apr 6, 2009, 12:25 0

Memory chipmaker Powerchip Semiconductor Corporation (PSC) has collateralized its stake in Rexchip Electronics in exchange for funding worth NT$2 billion (US$60.4 million) from memory module maker Kingston Technology, according to PSC chairman Frank Huang.

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