March 12, 2018 / 7:16 AM / 2 months ago

BRIEF-V Technology to set up equipment tech JV in China

March 12 (Reuters) - V Technology Co Ltd

* Says co plans to set up a JV Zhejiang Chip Sunshine Equipment Technology Co., Ltd. with China-based firm in April

* Says the JV will be capitalized at $12 million

* Says co will hold 40 percent stake in the JV

Source text in Japanese: goo.gl/XGwtBt

Further company coverage: (Beijing Headline News)

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