AT Semicon Enters Secondary Battery New Business... Adds Related Business Objectives
[Asia Economy Reporter Jang Hyowon] AT Semicon announced on the 28th that it will add secondary battery manufacturing and other business purposes and officially enter related businesses.
The company plans to add business purposes and approve the transfer of the package (PKG) business at an extraordinary general meeting of shareholders. The extraordinary general meeting will be held on October 12.
The newly added business purposes include ▲secondary battery manufacturing ▲distribution of secondary batteries and electronic components ▲trade of secondary batteries and electronic components ▲manufacturing and sales of secondary battery materials.
In addition, related to secondary batteries, the company will add ▲design, construction, and supervision of industrial facilities, buildings, structures, and civil engineering facilities ▲manufacture and sales of industrial machinery ▲processing and treatment of waste materials, including secondary battery recycling business.
Through this addition of business purposes, AT Semicon will officially enter the secondary battery-related business. Furthermore, by expanding its business area to recycling, the company plans to secure growth engines through various new businesses related to secondary batteries.
A company official stated, “In addition to the currently ongoing businesses, we plan to expand into the recently spotlighted secondary battery field,” adding, “We will accelerate business expansion through infrastructure establishment related to this.”
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Meanwhile, last month, AT Semicon announced that it would transfer all semiconductor package-related businesses to A-Fact, a memory semiconductor post-processing specialist company, for 72 billion KRW. The secured funds will be used to improve financial structure and discover new businesses.
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