Simpson Thacher is representing an affiliate of Tsinghua University in connection with the acquisition of a 25% interest in Powertech Technology Inc. (“Powertech Technology”) at approximately US$600 million. Powertech Technology is a leading global outsourced assembly and test services provider based in Taiwan. The transaction is subject to regulatory approvals in both China and Taiwan and certain customary closing conditions.

The Simpson Thacher team for this transaction includes Chris Lin, Jin Park and Heather Tsai (Corporate).