Fengyue Technology specializes in motor drive control, power devices, and ICs, offering chips and consulting for brushed and brushless DC motors, microcontrollers, and related applications.
Fortior Technology (Shenzhen) Co., Ltd. delays releasing a circular for its proposed acquisition to allow more time to finalize transaction and financial details. The company cites the need for additional preparation before proceeding with the formal documentation. No specifics on the target or deal size have been disclosed.
Fortior Technology projects a **77% year-over-year increase** in adjusted attributable net profit for the first nine months. The forecast stems from a regulatory filing submitted to the Shanghai Stock Exchange. The company’s profit growth reflects its operational performance in the interim period.
China’s Fortior acquires Eindhoven-based Sciosense, a sensor chip designer, in a deal valued up to **$118 million**. The transaction expands Fortior’s motor control chip portfolio with Sciosense’s sensor expertise. Both companies specialize in semiconductor solutions for industrial and automotive applications.
Fortior acquires Sciosense, a Chinese-Dutch joint venture specializing in brushless DC motor chips, for $118 million. The move follows geopolitical tensions affecting semiconductor supply chains. Sciosense combines Dutch engineering expertise with Chinese manufacturing capabilities, positioning Fortior to strengthen its global chip production footprint.
