Digitimes: After taking an over 77% stake at Taiwan Advanced Sensors in mid-April, Alcor Micro has an accumulated stake of 84.57% at the company. The Alcor Micro board of directors has approved a merger between the two parties with Alcor Micro to serve as the surviving company, to be effective on September 1.
Taiwan Advanced Sensors currently contributes about 5-10% of Alcor Micro's sales, equivalent to NT$10 million (US$300,752), said Alcor Micro company general manager Chi-Tung Chang. Alcor Micro anticipates a positive sales contribution should be seen in the fourth quarter, given that Alcor Micro has extended its presence in the web cam market, beyond its original controller business.
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