Ninestar Board Approves Investor for Apex and Sales of Roller Assets

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On December 8, Ninestar announced that its board of directors unanimously approved a plan for a group of investors led by the Chinese state-owned National Integrated Circuit Industry Investment Fund Phase II Co., Ltd., to invest about CNY 200 million ($30.6 million) into Ninestar’s chip-making subsidiary, Apex Microelectronics. In other news, Ninestar has decided to

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