Announced
Financials
Tags
Majority
Friendly
Japan
mobile communications
Acquisition
Private
Mobile
Pending
Single Bidder
Synopsis
Kyocera, a Japanese multinational ceramics and electronics manufacturer, acquired a 51% stake in Ube Electronics, a wholly-owned subsidiary of Ube Industries, a Japanese chemical company. Financial terms were not disclosed. By combining the filter design technology of Ube Electronics with Kyocera's global ceramic components manufacturing expertise and sales network, the joint venture will seek to meet rising demand for these key components enabling the expansion of 5G technology.
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