Chip Hope Co., Ltd announced that it expects to receive TWD 250 million in funding
September 01, 2017
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Chip Hope Co., Ltd (GTSM:8084) announced a private placement of domestic 2nd series unsecured 3-year convertible bonds for gross proceeds of TWD 250,000,000 on September 1, 2017.
CHIP HOPE CO., LTD. is a Taiwan-based company principally engaged in the manufacturer and sales of memory products and integrated circuit (IC) application products. The Company's memory products include various flash memory cards, which are applied in cell phones, computers, digital cameras, as well as other information and electronic products. The Companyâs IC application products consist of personal computer ICs (including universal serial bus (USB) keyboard ICs, USB optical mouse ICs, USB wireless keyboard and mouse ICs) and communication ICs, which are applied in caller identification, wireless telephone chipsets and telephone answering machines. It is also involved in the development of smart phones, as well as the value-added design and sales of related software. The Company distributes its products mainly in Asia market.