date:Dec 31, 2013
Electric, a Chinese company that makes train-borne electrical systems and electrical components, acquired Dynex Inc, a semiconductor manufacturer based in Lincoln, England.
After the acquisition, the Chinese company decided to invest 12 million pounds on a new research and development center in the UK and increased the RD team strength from 12 to 40.
Dynex, on the other hand, helped Zhuzhou CSR build a new factory in China, which specializes in low-voltage IGBT semiconductors, while high volt