UPDATED. 2024-05-20 21:44 (월)
Chemtronics to acquire Samsung’s wireless module business 
Chemtronics to acquire Samsung’s wireless module business 
  • Gijong Lee
  • 승인 2020.12.09 17:49
  • 댓글 0
이 기사를 공유합니다

Company aims for sales of 1 trillion won in 2021
Image: Chemtronics
Image: Chemtronics

Chemtronics has been named the preferred bidder by Samsung Electro-Mechanics to buy its wireless telecommunication module business, TheElec has learned.

The deal is thought to be worth in the mid-100 billion won range. Samsung Electro-Mechanics will be handing over production facilities and equipment as well as its sales right to supply modules to Samsung Electronics’ Galaxy smartphones.

Chemtronics last year acquired Samsung Electro-Mechanics’ wireless charging module business.

This is second deal is expected to help Chemtronics’ earnings significantly. The company is expecting operating margins in the double-digits at a maximum from the wireless telecommunication module business.

This is because the company will have less fixed cost compared to when Samsung Electro-Mechanics was operating the business, people familiar with the matter said.

Chemtronics is expecting sales close to 1 trillion won next year. 

Prior to being named the preferred bidder, another company that was also bidding for the business was thought to be the more likely candidate. This is because Chemtronics paid the fee of 21 billion won for the wireless charging module business in installments. The asking price of mid-100 billion won by Samsung for its wireless telecommunication module business was thought to be too high for Chemtronics.

Samsung Electro-Mechanics’ wireless telecommunication module business produces both Wi-Fi and WiGig modules. Wi-Fi uses 2.4GHz and 5GHz spectrum; WiGig uses 60GHz mmWave spectrum.

Samsung Electro-Mechanics is also planning to sell its rigid flexible printed circuit board (RFPCB) business.  RFPCB is used to connect the OLED panel to a smartphone’s main board. The company supply the boards to Samsung Display, which uses them to make OLED panels to supply to Apple.

삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2024 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr