Research on the Motivation of Overseas M&A—Taking WingTech Acquired Allianz as an Example
- DOI
- 10.2991/978-94-6463-052-7_75How to use a DOI?
- Keywords
- Motivation of acquisition; WingTech; Semiconductor; Allianz
- Abstract
Since Belt and Road Initiative policy proposed by China and the world become more globalized, the transaction with domestic companies gradually ingratiates the demand in the Chinese market, Chinese companies should cooperate with the foreign company, with the world to respond to the wave which brings by the globalization. So Chinese government and companies focus more on investment abroad and foreign Mergers and acquisitions. Especially in the semiconductor area, China started late in the field of semiconductors compared with western countries, and the product of semiconductors is very important as the part of many products, such as smartphones, automobiles, and television. It is so passive that China can not produce semiconductors by itself. So Chinese companies need to use mergers and acquisitions to solve this problem. In the article, we will discuss the motivation and influence of mergers and acquisitions in the semiconductor field, and we will mainly focus on the case of WingTech acquiring Allianz. We will use the changes in financial indicators from the beginning to the end of the acquisition in the research and use the previous information including paper, news, and research report to integrate and further complete the research.
- Copyright
- © 2022 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Yuxiao Huang PY - 2022 DA - 2022/12/27 TI - Research on the Motivation of Overseas M&A—Taking WingTech Acquired Allianz as an Example BT - Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022) PB - Atlantis Press SP - 649 EP - 656 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-052-7_75 DO - 10.2991/978-94-6463-052-7_75 ID - Huang2022 ER -