# NewVersal and Hana Microelectronics form joint venture FT1 Corporation

NewVersal Company Limited and Hana Microelectronics Public Company Limited established FT1 Corporation Limited, a joint venture with registered capital of THB 1 million, to study investment opportunities in the smart electronics industry in Thailand. NewVersal holds 51% and Hana holds 49%.

- Type: Partnership
- Announced: 2024-02-28
- Where: Thailand
- Value: $28000.00 (1.00M THB)
- Status: completed
- Products: smart electronics
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [PTT Public Company Limited](https://endata.com/companies/978.md) (investor)
- [NewVersal Company Limited](https://endata.com/companies/75917.md) (partner)
- [Hana Microelectronics Public Company Limited](https://endata.com/companies/75918.md) (partner)

## Sources

- [uk.marketscreener.com](https://uk.marketscreener.com/quote/stock/HANA-MICROELECTRONICS-10859581/news/NewVersal-Company-Limited-Announces-Joint-Venture-with-Hana-Microelectronics-Public-Company-Limited-46127865/), 2024-02-28: "The objective of the company establishment is to study the possibility of the investment in the smart electronics industry, which is one of Thailand's strategic focus industries to enhance the country's competitiveness."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.