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TIME Interconnect Singapore, a joint venture between LUXSHARE-ICT and TIME Interconnect Technology, will acquire 100% of Leoni's Automotive Cable Solutions division, which spans 10 sites in seven countries and employs roughly 3,300 people.
“Following the carve-out, ACS will continue operating as an independent automotive cable manufacturer.”wirenet.org
Summarized from public sources; check the original articles before acting on it.