The companies anticipate completing the transaction by the first half of calendar 2024. Qorvo will continue to maintain its sales, engineering and customer support employees in China to continue serving customers. Following the close of the transaction, Luxshare will assemble and test products for Qorvo under a newly established long-term supply agreement.
Luxshare Precision Industry To Acquire Qorvo's Assembly And Test Facilities In Beijing And Dezhou, China; No Terms Disclosed
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