Printed Circuit Design & Fab Online Magazine - BH to Acquire LG’s In-Car Handset Wireless Charging Business

ENEPIG Corrosion Mechanisms
Different types of nickel corrosion and potential mitigation strategies.
READ MORE...
The Future is Thin, Flat and Flexible
What’s ahead for antennas, heaters and inks.
READ MORE...
Royalty Flush
A noted solutions architect offers an audacious plan for AI acceptance. It just might work.
READ MORE...
Rocking and Rolling at ZIW
The annual user event was tuned into AI, but that’s not the only melody being played.
READ MORE...
Can Thailand Pad its PCB Gains?
2023 saw only a handful of fabricators gain ground, but SE Asia is primed to boom.
READ MORE...

Printed Circuit Design & Fab Magazine

SEOUL – Printed circuit board fabricator BH said it will acquire LG Electronics’ in-car handset wireless charging business unit for 136.7 billion won (US$111.5 million), according to reports.

BH will form a new subsidiary called BH EVS, and the acquisition is expected to be completed in August.

BH said demand for in-car handset wireless charging units is some 20 million units per year. The firm expects orders worth US$2 billion in the next decade.

BH CEO Lee Kyung-hwan will be CEO of BH EVS, and BH will own a 56% stake. DKT, another subsidiary of BH, will own a 44% stake.

Ed.: 1 won = US$0.00082

Register now for PCB East, the largest electronics technical conference and exhibition on the East Coast. Coming in April to Marlboro, MA.