LB Semicon Inc. agreed to acquire a 60% stake in Gene Sung Re-Tech Co., Ltd for KRW 12 billion on July 31, 2023. The transaction is subject to be completed on July 31, 2023. As of year ended 2022, Gene Sung Re-Tech Co., Ltd reported revenue of KRW 8,276 million, total assets of KRW 14,538 and net income of KRW 336 million.