LOCUS ANNOUNCES THE FORMATION OF DONGWOON ANATECH’S DC-DC BUSINESS JV IN CHINA

Locus Capital Partners (Locus), a M&A advisory firm, is pleased to announce the formation of Dongwoon Anatech’s DC-DC Business JV and sale of its related assets to Shenzhen Challenge Technology in China.

Dongwoon Anatec, a KOSDAQ listed fabless semiconductor company, designs, develops, and manufactures analog semiconductors for electronic devices such as mobile phones, tablets, wearable devices, lighting, and TVs. The company has formed Chinese AMOLED DC-DC business JV and sold its related assets to Shenzhen Challenge Technology in China to promote development, production and sales of AMOLED DC-DC products within China and the global market.

Locus acted as an exclusive financial advisor to Dongwoon Anatech by managing and executing the entire deal process together with accounting, tax, and legal advisors.