[Asia Economy Reporter Moon Hyewon] T'way Holdings announced on the 19th that it will cease operations in its semiconductor business division.


The sales revenue of the division amounted to 200 million KRW based on last year's consolidated financial statements, accounting for 0.03% of total sales.



T'way Holdings stated, "The impact on sales revenue and profit structure will be limited due to the restructuring of the inefficient business division."


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