EQS-News: AT&S announces the successful signing of the transaction related to the plant in Ansan / South Korea
Source: EQS
AT&S announces the successful signing of the transaction related to the plant in Ansan /
On
Leoben,
Success story in
“Ansan is an AT&S success story,” says CEO
The Ansan plant notably focuses on the production of flexible circuit boards for electronic systems across industries, in nearly any form factor.
“As flexible microelectronic applications are growing and will open up entirely new technological opportunities in the years to come, we were looking for a buyer who recognizes the full potential and that will purposefully lead the organization into the future”, says
“We were highly impressed with the management team and technological capabilities of the Ansan plant and are very excited about its future potential. We plan to continue to serve its existing customer base with the highest reliability and strong technological competencies that Ansan is currently well-known for, while at the same time maintaining its proven track record of growth through strong additional investments in its existing team and technical capabilities”, adds
The transaction is currently subject to regulatory approval and is expected to be completed in the next few months.
AT&S is a leading global manufacturer of high-end IC substrates and printed circuit boards. AT&S industrializes leading-edge technologies for its core business segments Mobile Devices & Substrates,
Media contact:
Investor Relations contact:
|
Language: | English |
Company: | |
Fabriksgasse 13 | |
8700 Leoben | |
Phone: | +43 (1) 3842200-0 |
E-mail: | ir@ats.net |
Internet: | www.ats.net |
ISIN: | AT0000969985, AT0000A09S02 |
WKN: | 922230 |
Indices: | ATX |
Listed: | Regulated Unofficial Market in |
EQS News ID: | 1993743 |
End of News |
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1993743 23.09.2024 CET/CEST