RS Technologies Posts Record Half-Year Profit, Then Buys Into China's Epitaxial Wafer Market
RS Technologies grew six-month operating profit 8.9% to ¥7.7bn, then days later had its China unit pay about ¥10.8bn for 60% of an Anhui epitaxial-wafer maker, a bet on higher-value power-chip materials that full-year guidance does not yet capture.