FlipChip International Announces Acquisition by TianShui Huatian Technology Co., LTD

Dear Valued FCI Customers and Partners,

Today TianShui Huatian Technology Co., LTD (TSHT – 002185:Shenzhen) announced to the Shenzhen Stock Exchange their intention to acquire 100% of FlipChip International LLC and its subsidiaries. A binding Letter Of Intent has been agreed by the Boards of both companies. The definitive agreement is due to be signed mid-December and shall be approved by or filed with the relevant US and Chinese regulatory authorities. We expect the transaction to close in mid-February  2015.

TianShui Huatian Technology Co., LTD is the second largest Chinese provider of  IC Testing and  Packaging for Semiconductor IC and components.  The acquisition of  FlipChip International LLC, the global technology leader in Flip Chip bumping and Wafer Level Packaging, adds a broad range of advanced wafer level packaging technologies, highlighting world-class service, quality, and reliability on a global basis to the TSHT strong product portfolio. The combined product lines of TSHT and FCI will offer a complete range of Semiconductor products and turnkey services to meet  your needs on a worldwide basis.

Operationally it will be business as usual for our FCI customers. We will communicate any changes that may occur to you as timely as possible, but for the foreseeable future, we request that you continue to do business using your current contacts and processes for FCI products.

We remain committed to providing you with outstanding customer service, advanced technology solutions, and world-class quality and manufacturing. We look forward to a continuing, long and mutually beneficial relationship.

If you have any questions or concerns, please contact either of us or your account manager.

Best Regards,

 

David McComb                                                                    David Wilkie
Senior VP of Sales and Marketing                                         President and CEO
FlipChip International                                                            FlipChip International

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