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Hirose Electric Acquires S.E.R. Corporation to Boost Semiconductor Business

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Hirose Electric Acquires S.E.R. Corporation to Boost Semiconductor Business

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HIROSE ELECTRIC CO ( (JP:6806) ) just unveiled an announcement.

Hirose Electric Co., Ltd. has acquired all shares of S.E.R. Corporation, making it a subsidiary to enhance its semiconductor test product business. This acquisition is expected to leverage Hirose’s manufacturing expertise and sales channels to support advanced product development and business expansion, although the immediate financial impact is anticipated to be minor.

The most recent analyst rating on (JP:6806) stock is a Hold with a Yen19200.00 price target. To see the full list of analyst forecasts on HIROSE ELECTRIC CO stock, see the JP:6806 Stock Forecast page.

More about HIROSE ELECTRIC CO

Hirose Electric Co., Ltd. is a manufacturer specializing in connectors, utilizing advanced technology and extensive manufacturing know-how to develop innovative electronic products. The company focuses on responding to evolving market needs in the electronics field by providing cutting-edge hardware solutions.

YTD Price Performance: -1.66%

Average Trading Volume: 79,201

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen597.5B

Learn more about 6806 stock on TipRanks’ Stock Analysis page.

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