Packaging and testing firm Orient Semiconductor Electronics (OSE) has denied local media reports indicating that it will be acquired by a dedicated memory module vendor, according to a company filing with the Taiwan Stock Exchange (TSE).

　　Kingston Technology and Adata Technology are being identified as the potential buyer of OSE, the reports quoted industry rumors as saying.

　　OSE returned to profitability in the third quarter of 2013, following four straight quarters of losses. The firm generated consolidated revenues of NT$9.55 billion (US$315.6 million) in 2013, down 10.3% on year.

　　OSE shares closed up NT$0.10 at NT$8 on the TSE on March 5.