August 11, 2022


Business Activity

Hanwha Strategies acquires part of Samsung Electro-Mechanics’ wi-fi module small enterprise

  • The provide is meant to purchase Samsung Electro-Mechanics’ enterprise system manufacturing Wi-Fi and 5G mmWave antenna modules with pure substrate.

  • With superior interplay modules for seamless Wi-Fi and 5G connections, Hanwha Options goals to broaden its electronics enterprise enterprise into wi-fi earbuds, VR/AR devices and linked vehicles.

  • “Combining Samsung Electro-Mechanics’ wi-fi module style-to-manufacturing capability with Hanwha’s world-wide group community will inevitably create vital enterprise enterprise potentialities,” claimed Hanwha Options’ Senior Govt Vice President Jang Se Youthful.

SEOUL, South Korea, Jan. 4, 2022 /PRNewswire/ — Hanwha Strategies has pledged to make a foray into the quickly-escalating wi-fi module and broader Course of in Bundle(SiP) trade amid the burgeoning want for wi-fi earbuds, VR/AR devices and associated motor autos.

(PRNewsfoto/Hanwha Choices)

The Agency introduced on Dec. 30 that it signed an settlement with Samsung Electro-Mechanics to get its wi-fi module enterprise system, which manufactures Wi-Fi and 5G mmWave antenna modules using pure and natural substrate. The provide is anticipated to be closed by late March in 2022.

Samsung Electro-Mechanics boasts technological prowess for designing revolutionary Wi-Fi modules with superior-density packaging options and arduous testing talents. It has amassed design and style-to-production capabilities in coordination with suppliers all above your complete world.

“Combining Samsung Electro-Mechanics’ wi-fi module style-to-manufacturing capability with Hanwha’s world-wide enterprise neighborhood will inevitably make vital enterprise probabilities,” defined Hanwha Options’ Senior Govt Vice President Jang Se Youthful.

Jang, who labored at Samsung Electronics previous to signing up for Hanwha in April 2021, extra, “Incorporating higher-progress SiP enterprise into our electronics group portfolio, we are attempting to get to go after sustainable improvement with potential organizations and proficient workforce.”

Hanwha Cures, which goals to produce sustainable strategies for the planet by good vitality alternate options and purchaser-targeted assets, has been increasing its firm horizon by venturing out into rapid-developing superior-tech industries.

The acquisition is anticipated to hurry up the Agency’s enlargement into the module enterprise enterprise for high-tech tools. Relocating over and above traditional smartphone-primarily primarily based wi-fi modules, it goals to make the most of them to wi-fi earbuds, VR/AR units and automotive digital tools.

Offered the extraordinary growth for the world-wide-web of automobiles, in-car leisure and superior driver assist course of, the will for wi-fi modules within the automotive electronics market is anticipated to enhance appreciably.

About Hanwha Solutions.

Hanwha Solutions goals to offer sustainable solutions for the earth by means of good vitality choices and purchaser-centered provides. The Enterprise operates its enterprise enterprise by the use of 5 divisions: Q CELLS, Chemical, Progressive Substance, Galleria and Metropolis Improvement. The Q CELLS Division delivers general electrical energy options from photovoltaic module producing, electrical energy plant operation to electrical energy retailing providers. The Chemical Division, the first in Korea to ship polyvinyl chloride (PVC), manufactures a number of petrochemical merchandise and options and eco-welcoming plasticizers. The Refined Parts Division creates high-tech provides for automotive, photovoltaic and digital units. The Galleria Division, an operator of premium part retail outlet chain, provides high quality vogue and meals providers. The Metropolis Progress Division is a high severe property developer specializing in industrial complexes. With its revolutionary techniques for sustainable development, Hanwha Strategies strives to develop into a worldwide chief in bringing a larger future for humanity.



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