CHEMTRONICS.CO.,Ltd. (KOSDAQ:A089010) agreed to acquire Wireless Power Transmission and NFC Chip Coil Business from Samsung Electro-Mechanics Co., Ltd. (KOSE:A009150) for KRW 21 billion on April 19, 2019. As per the terms, deposit of KRW 2 billion will be paid within 7 business days from contract signing date, 1st payment of KRW 4 billion on December 31, 2019, 2nd payment of KRW 5 billion on December 31, 2020, 3rd payment of KRW 5 billion on April 30, 2021. The transaction is expected to be completed on April 30, 2021.