tiprankstipranks
Alps Alpine Divests Power Inductor Business to Delta Electronics
Company Announcements

Alps Alpine Divests Power Inductor Business to Delta Electronics

Alps Alpine Co (JP:6770) has released an update.

Don't Miss Our Christmas Offers:

Alps Alpine Co., Ltd. has decided to sell its power inductor business to Delta Electronics (Japan), aiming to enhance corporate value and focus on core technologies and growth sectors. This strategic move, expected to improve capital efficiency and increase corporate value, involves transferring assets related to power inductor R&D, manufacturing, and sales, with a total purchase price of approximately $71 million. The decision aligns with Alps Alpine’s growth strategy to concentrate resources in areas of strength within the electronic components field.

For further insights into JP:6770 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskAlps Alpine Co. Reports Mixed Financial Results
TipRanks Japan Auto-Generated NewsdeskAlps Alpine Reports Mixed Financial Results Amid Rising Sales
TipRanks Japan Auto-Generated NewsdeskAlps Alpine Finalizes Company Split with Subsidiary
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App