Richtek Precision establishes Precision Intelligent Manufacturing Company in Kunshan.

Tianyancha app shows that recently, Litao Precision Intelligent Manufacturing Co., Ltd. was established, with Huang Wei as the legal representative and a registered capital of 200 million RMB. Its business scope includes manufacturing of electronic components, retail of electronic components, manufacturing of computer hardware and peripherals, retail of computer hardware and auxiliary equipment, manufacturing and sales of network equipment, manufacturing of industrial control computers and systems, and manufacturing of communication equipment. The equity panorama penetration map shows that the company is wholly owned by Suzhou Liantao Electronics Co., Ltd., a subsidiary of Xiaomi Precision.