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Mycronic Expands in South Korea with Cowin DST Acquisition

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Mycronic Expands in South Korea with Cowin DST Acquisition

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Mycronic AB ( (SE:MYCR) ) has provided an update.

Mycronic’s Pattern Generators division has agreed to acquire Cowin DST, a South Korean company specializing in display panel and photomask repair systems. This acquisition will enhance Mycronic’s product offerings and strengthen its presence in South Korea, a key market for semiconductors and displays, while opening new market opportunities and improving customer solutions.

More about Mycronic AB

Mycronic is a Swedish high-tech company that develops, manufactures, and markets production equipment with high precision and flexibility for the electronics industry. Headquartered in Täby, Sweden, Mycronic has a global presence with subsidiaries in several countries and is listed on Nasdaq Stockholm.

Average Trading Volume: 249,997

Current Market Cap: SEK39.75B

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

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