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WT Microelectronics and Nichidenbo Corporation approved a share swap to deepen their strategic partnership. WT will hold approximately 36% of Nichidenbo, and Nichidenbo will hold approximately 5% of WT, expanding their presence in the passive components market.
“WT Microelectronics and Nichidenbo Corporation respectively held board meetings on July 15, 2025, during which resolutions were passed to deepen the strategic partnership between the two companies through a share swap.”wtmec.com
Summarized from public sources; check the original articles before acting on it.