Yesty Acquires Stake in Industrial Specialty Lens Company JT Way
[Asia Economy Reporter Ji Yeon-jin] YesTY announced on the 3rd that it will acquire 31,980 shares of JT Way Co., Ltd., a manufacturer of industrial special aspheric glass lenses, for approximately 4.9 billion KRW. After the acquisition, the shareholding ratio will be 80.76%.
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The company stated, "By entering the new business of industrial special aspheric glass lenses, we will operate the aspheric glass lens business expanding across the entire industrial sector, especially including optical transceivers, smartphone camera modules, drones, and autonomous vehicles, which will increase the corporate value accordingly."
This content was produced with the assistance of AI translation services.
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