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Arasor signs $175 million joint venture agreement in Guangzhou, China, to build a...

Arasor Corporation announced that it has entered into multi-year joint venture (JV) agreement valued at $175 million with Nansha High Technology Investment Ltd., the investment arm of the Guangzhou government, to build a 200,000 sq. ft. facility in the municipality's new Nansha IT Park. Arasor, a developer and manufacturer of communications integrated circuits, components, and subsystems that collectively revolutionize wired and wireless communications, will use the facility for R & D, production, testing, and customer support. The company will move from its current 25,000 sq. ft

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