Hanwha Solutions acquires Samsung Electro-Mechanics' communication module business

Hanwha Solutions agreed to acquire Samsung Electro-Mechanics' Wi-Fi and 5G millimeter-wave antenna module businesses. The deal is expected to close by March 2022; the acquisition price was not disclosed but estimated at around KRW 100 billion.

“한화솔루션은 전자사업 다각화를 위해 삼성전기의 와이파이(WIFI), 5G 밀리미터웨이브 안테나 모듈 사업을 인수한다고 밝혔다.”mk.co.kr

• 2 sources
• mk.co.kr한화, 삼성전기 통신모듈 일부사업 인수 - 매일경제박윤구,박재영, 박윤구,박재영Dec 30, 2021
• prnewswire.comHanwha Solutions acquires part of Samsung Electro-Mechanics' wireless module businessHanwha SolutionsJan 4, 2022

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