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