Wistron announced today (8) that in order to cope with the strategic development of the group, its subsidiary Dingchuang will acquire Kaohsiung Jingjieda Optoelectronics Technology Co., Ltd. held by Jingduan Display Trading Co., Ltd. in Taiwan for 8 billion yen. 100% equity in order to expand the company's liquid crystal display module (LCM) business to automotive and industrial control related products.
It is reported that this transaction will need to be registered, filed or approved by the relevant competent authority in the future. It is expected that all procedures will be completed in the third quarter of this year. After the completion of the future transaction procedures, Wistron will continue to expand the production capacity and product line of Kaohsiung Jingjieda Optoelectronics Technology Co., Ltd., and will continue to hire existing employees as agreed by both parties.
Through this acquisition, Wistron will not only further deepen the cooperative relationship with Japan Display Inc., but also expand its liquid crystal display module (LCM) business to the field of automotive and industrial control related products, and formally enter the module supply chain for first-line customers , And at the same time strengthen its global manufacturing layout.
