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Lenovo's parent company invests $237 mln in Chinese chipmaker Fullhan

· 03/17/2021 10:56
Lenovo's parent company invests $237 mln in Chinese chipmaker Fullhan

- Legend Holdings 3396.HK, the parent of the world's biggest PC maker Lenovo 0992.HK, said it purchased about 12.8 million shares of Chinese chipmaker Fullhan Microelectronics 300613.SZ for 1.54 billion yuan ($236.9 million).

The shares were bought between Sept. 1 and March 17 from privately held Quick Talent Holdings, Legend said.


($1 = 6.5009 Chinese yuan renminbi)


(Reporting by Anushka Trivedi in Bengaluru)

((Anushka.Trivedi@thomsonreuters.com; +918061823241;))