December 25, 2017 / 5:00 AM / Updated an hour ago

BRIEF-MediaTek unit to buy back 20.5 pct stake in Nephos (Hefei) from Hefei Venture Capital Fund for up to $49 mln

Reuters Staff

1 Min Read

Dec 25(Reuters) - MediaTek Inc

* Says unit Nephos Cayman Co. Limited plans to buy back 20.5 percent stake in Nephos (Hefei) Co. Ltd from Hefei Venture Capital Fund Ltd, at the price of up to $49 million in total

Source text in Chinese: goo.gl/wn2S5v

Further company coverage: (Beijing Headline News)

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