Flexible Electronics News

SCHOTT to Completely Acquire NEC SCHOTT Components Corporation

Key applications include electronic devices, consumer electronics, the automotive industry and optoelectronics.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

SCHOTT is looking to further strengthen its position in the Japanese market for electronic components. For this reason, the company has decided to enter into an agreement with its current joint venture partner NEC Corporation, to purchase the remaining shares in the joint venture NEC SCHOTT Components Corp., Minakuchi, Japan.   With the acquisition of NEC Corporation’s 49 percent share, the joint venture will become a fully-owned SCHOTT subsidiary. The transaction is expected to be concluded b...

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