ITM Semiconductor Invests 24.4 Billion KRW in Subsidiary ITM
[Asia Economy Reporter Park Jihwan] ITM Semiconductor announced on the 23rd that it will invest approximately 24.4 billion KRW in its subsidiary ITM SEMICONDUCTOR VIETNAM, which manufactures and sells secondary battery protection circuits. After the investment, the shareholding ratio will be 100%.
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The company stated that the funds are for "raising investment capital for the subsidiary's equipment purchase and factory construction."
This content was produced with the assistance of AI translation services.
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