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[Alpha Biz=(Chicago) Reporter Kim Jisun] Hanwha Momentum Division (hereinafter referred to as Hanwha Momentum) withdrew its original plan to take over Hanwha Precision Machinery and decided to transfer the entire semiconductor process division to Hanwha Precision Machinery.
Hanwha announced on the 26th, "We canceled the stock trading contract under mutual agreement."
Instead of selling its defense division to Hanwha Aerospace in July last year, Hanwha announced that it will acquire Hanwha Precision Machinery, a subsidiary of Hanwha Aerospace, for about 525 billion won to strengthen its business capabilities.
However, as the global market changes, it will revise the plan in one year and two months, and Hanwha Momentum will focus on the secondary battery and solar business, and transfer the semiconductor entire process business division to Hanwha Precision Machinery.
Hanwha Precision Machinery plans to become a comprehensive semiconductor facility manufacturer by maximizing synergy in the semiconductor equipment field by acquiring the entire process business such as deposition in the existing post-process packaging equipment and LED chip mountain business.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
