Gwangjin Wintec Acquires 41.9% Stake in MicroLED Lighting Company Pronix
[Asia Economy Reporter Ji Yeon-jin] Gwangjin Wintec, a manufacturer of automotive seat heaters, announced on the 23rd that it acquired 20,000 shares of Pronix, a manufacturer of microLED lighting devices and displays, for 5 billion KRW.
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The acquisition of shares was made through a paid-in capital increase, and the ownership stake is 41.9%. The company described it as an "investment in a new business."
This content was produced with the assistance of AI translation services.
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