An unknown buyer acquired 49.7% stake in Truetech Co., Ltd. from Techwing, Inc. for KRW 11.98 billion.
February 07, 2023
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An unknown buyer acquired 49.7% stake in Truetech Co., Ltd. from Techwing, Inc. (KOSDAQ:A089030) for KRW 11.98 billion on February 8, 2023. The board of Techwing, Inc. approved the transaction.
An unknown buyer completed the acquisition of 49.7% stake in Truetech Co., Ltd. from Techwing, Inc. (KOSDAQ:A089030) on February 8, 2023.
Techwing Inc is a Korea-based company mainly engaged in the manufacture and sale of semiconductor inspection equipment. The Company operates its business through two segments. The Semiconductor Inspection Equipment segment manufactures and sells semiconductor post-processing equipment used for electrical functions such as semiconductor chips, modules, and solid state drives (SSD) or for transporting, sorting, and creating inspection environments in the mounting inspection process. In addition, the segment produces and supplies replacement and consumable parts used in equipment. The Display Inspection Equipment segment manufactures and sells organic light emitting diodes (OLED) and liquid crystal display (LCD) appearance inspection equipment.