Guangdong Espace Photoelectric Technology entered into a share transfer agreement to acquire Younyi Electronics VINA from YOUNYI B&T Inc. for KRW 7.5 billion on June 7, 2023. The deal is expected to be completed on August 8, 2023. As of December, 2022, Younyi Electronics VINA reported total revenues of approximately KRW 1 billion and Net loss of approximately KRW -1.8 billion.