According to MEMS Consulting, on June 13, 2025, Saiwei Electronics announced a major asset transaction plan.
Transaction details and motivations
The transaction involves Saiwei Semiconductor transferring its Swedish Silex shares, aiming to optimize resource allocation and cope with the challenges of the international environment. After the transaction, the company retains part of the equity and decision-making power to focus on the Chinese semiconductor market.
Transaction announcement
According to MEMS Consulting, on June 13, 2025, Saiwei Microelectronics announced a major asset transaction plan, intending to transfer its 45.24% stake in Sweden's Silex Microsystems AB to seven transaction parties including Bure and Creades, with a transaction price of 2.375 billion Swedish kronor (equivalent to RMB 1.783 billion). After this transaction, Saiwei Microelectronics no longer controls Sweden's Silex, but still retains 45.24% of the shares and 2 board seats, and retains the right to participate in major decision-making.
Transaction motivation
This transaction aims to cope with the complex international political and economic environment, optimize resource allocation, and concentrate on deepening the Chinese semiconductor market. This transaction is expected to bring considerable cash inflow to Saiwei Electronics, which will help optimize the asset-liability structure, recover funds and concentrate resources. Sweden's Silex faces problems such as hindered customer cooperation and increased operating risks. If it continues to hold a controlling stake, its stable cooperation may be challenged. The transaction will help Silex find a more stable environment, cope with international uncertainties, safeguard Saiwei Electronics' interests, and avoid value impairment.
Strategic Impact and Outlook
After the transaction, Saiwei Semiconductor will focus its resources on developing domestic business, review the M&A process to achieve win-win results, and plan future investment opportunities.
Progress plan
Since the completion of the domestic production line, Silex has vigorously promoted the development of MEMS processes and wafer manufacturing technology, and mastered core technologies such as wafer substrate through-holes, deep reactive ion etching, and wafer bonding. As of March 2025, Silex Beijing has obtained 25 patents, is applying for 107 patents, has passed multiple certifications, and has introduced more than 40 customers. After the transaction is completed, the company will focus resources on developing the Beijing MEMS wafer factory, building an independent and controllable production line, and seizing China's semiconductor opportunities. This transaction is a prudent strategic choice, and adjusting the equity structure is conducive to the stability of Silex. Looking back on the 10 years of mergers and acquisitions, a win-win situation has been achieved for all parties: Silex has achieved significant growth, Silex has obtained financial benefits and promoted the development of the domestic MEMS industry. In the future, the company will use incremental resources to increase domestic investment and look for high-quality targets at home and abroad.
Source: Content from MEMS
