BH Acquires LG Electronics' In-Car Wireless Phone Charging Business for 136.7 Billion KRW
[Asia Economy Reporter Hwang Yoon-joo] BH announced on the 25th that its subsidiary BH EVS acquired the vehicle wireless phone charging business operated by LG Electronics' VS Business Division for 136.69608 billion KRW.
The company explained, "This is to strengthen the business portfolio by entering the global automotive market and expanding the electronic components business."
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It added, "Entering the vehicle wireless phone charging market and producing and supplying vehicle wireless phone chargers to global OEM automakers is expected to increase profitability."
This content was produced with the assistance of AI translation services.
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