The decision of the board of directors of the Semiconductor silicon chip fab ring Singapore subsidiary G Wafers Singapore capital increase of $600 million, for the acquisition of Sun Edison Semiconductor (SEMI) prepared.

Ring chip announced in August, with a 100% stake in the G Wafers Singapore, $683 million deal to buy SEMI all outstanding common stock, including SEMI existing net debt, predict to be finished before the end of the year.

Prepared to buy SEMI, ring chip board yesterday (October 11) resolution G Wafers Singapore capital increase of $600 million.

Ring chip said, the future will also be through G Wafers Singapore unifies the overseas enterprise's investment and strategy layout, accelerate the semiconductor business integration, and improve business performance and competitiveness.