· Magna acquires Philips Lite-On Digital Business

Magna International officially announced on February 3 that the company successfully acquired the automotive display and electronic components business of Philips Litening Digital Technology Co., Ltd. (PLDS) in Wetzlar, Germany, and the company's ultrasound in Hsinchu City, Taiwan. Sensor business.

It is reported that the acquisition aims to strengthen Magna's electronic engineering capabilities in Europe. Through this acquisition, Magna further realized the company's goal of developing an electronic product portfolio and bringing multiple vehicle-linked technologies to market. As part of the deal, approximately 60 employees of Philips Lite Digital Technology Co., Ltd. (PLDS) will become members of Magna.

Olaf Bongwald, vice president of electronic systems at Magna, said that from the perspective of product performance and technical strength, the newly acquired business will create a more innovative and more innovative development of driving assistance systems for Magna. solid foundation.

Philips Lite Digital Technology Co., Ltd. (PLDS) is a leader in digital integration. It develops automotive wireless charging, in-vehicle display technology and in-vehicle interconnection technology, as well as electromechanical systems in the automotive business units in Wetzlar, Germany and Hsinchu, Taiwan. Products in the field of components.

However, the terms of the acquisition have not been formally disclosed.

Using the technology of silk-screen printing and high temperature sintering, the surface of stainless steel tube was covered in order by sinter dielectric layer, resistance layer, silver conductor layer and isolation glazes protective layer.