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UMS Integration signed a non-binding MOU to invest about US$3.6 million for a 51.6% stake in a joint venture in Vietnam, consolidating three precision engineering and metal plating companies: Viet Nguyen Mechanical Precision Company, Central Metal Mechanical Company, and Global Metal Plating Company.
“We can gain from the lower costs and better economies of scale in view of the strong growth in the global semiconductor industry.”businesstimes.com.sg
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