08:49 AM EDT, 07/14/2025 (MT Newswires) -- Alpha and Omega Semiconductor ( AOSL ) said Monday it agreed to sell about 20.3% of its stake in its joint venture in China for a total cash consideration of $150 million, to be paid in four installments.

The company said it expects to complete the proposed sale of its stake in the joint venture of power semiconductor packaging, testing and 12-inch wafer fabrication facility in Chongqing, China, to a "strategic investor" before year-end.

Before the sale, Alpha and Omega Semiconductor ( AOSL ) said it owned about 39.2% of the joint venture.