Flexible Electronics News

G&D to Invest in Solacia Inc.

Announces shareholder investment in Korean smart card company.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

G&D plans to invest in Solacia, an affiliate of Hansol Group, in order to move closer to major OEM customer and to strengthen the cooperation on new business fields such as IoT and Connected Cars. G&D will hold 16.29% of Solacia’s shares as a result of third-party paid-in capital increase (1.2 million shares).   Korea is a leading global economy with more than 50 million inhabitants and headquarters of international high-tech companies such as Samsung and LG. Korean companies are highl...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters