Yageo plans to acquire Japanese company Shibaura Electronics

Yageo announced that it will publicly acquire Shibaura Electronics, a Japanese listed company, to expand its sensor business. The total transaction amount is expected to be approximately 65.559 billion yen (approximately 3.1 billion yuan). Through this acquisition, Yageo hopes to integrate resources to expand its operating scale, enhance its international competitiveness, and further expand its sensor business.