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Samsung Electro-Mechanics is selling its Wi-Fi communication module business to Chemtronics for 105.5 billion KRW. Chemtronics' subsidiary Wits will acquire the business, including a Thailand subsidiary, with the acquisition expected to close on April 30, 2021.
“인수를 통해 근거리 무선통신 솔루션 전문업체로 입지를 강화하고자 한다”marketin.edaily.co.kr
Summarized from public sources; check the original articles before acting on it.