2024-12-09

Notice Regarding Expansion of South American Business Through Acquisition of Angstrom Electric Ltda.

Stanley Electric Co., Ltd. (Head Office: 2-9-13 Nakameguro, Meguro-ku, Tokyo; President: Yasuaki Kaizumi) is pleased to announce that it has agreed to acquire 75% of the shares in Angstrom Electric Ltda. and make it a subsidiary. Purpose of Acquisition Stanley has a consolidated subsidiary, Stanley Electric do Brasil Ltda. (hereinafter "SEB"), in São Paulo state, Brazil and has been focusing on the production and supply of automotive lighting equipment to Japanese OEMs. In anticipation of the expanding markets for motorcycles and Eur...
Continue reading

Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), today announced its new XLamp® XE-B LEDs, extending the industry-leading XLamp Element family into an even smaller form factor to enable new levels of design flexibility and performa... READ MORE

Seoul Semiconductor Co., Ltd., a global opto-semiconductor technology company, announced today that its world's first High Voltage (HV) opto-semiconductor technology has entered mass production with four of the world's top automotive b... READ MORE