Alpha and Omega Semiconductor to sell stake in Chongqing JV for $150M

• Alpha and Omega Semiconductor (NASDAQ:AOSL) will sell 20.3% of its equity interest in its Chongqing joint venture (CQJV) to a strategic investor for $150 million.
• The deal reduces AOSL’s stake in CQJV from 39.2% to ~18.9%.
• Payment will be made