Indie have entered an Asset Purchase Agreement with United Faith Auto-Engineering, a publicly-listed company in China. Under the agreement, Indie will sell United Faith their entire 34.38-per-cent outstanding equity interest in Wuxi Indie Microelectronics Technology, another Chinese entity known in the lighting world as IndieMicro. The transaction is subject to customary closing conditions for a…
Indie Agree to Sell Out of Wuxi Indie Microelectronics