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The latest update is out from TDK Corporation ( (JP:6762) ).
TDK Corporation, via its rechargeable battery subsidiary Amperex Technology (Singapore) Pte. Ltd., will acquire 100% of Malaysia-based Linergy Power Sdn Bhd, a manufacturer of lithium-ion rechargeable batteries, turning it into a wholly owned subsidiary. The move aligns with TDK’s long-term “TDK Transformation” vision and its medium-term plan to expand its core Energy Solution Business over the next several years.
By fully integrating Linergy, TDK expects to build a more flexible global supply network for medium-capacity batteries, improving its ability to meet diverse customer needs and deepen client relationships. The acquisition is intended to differentiate TDK in the competitive battery market, support further business growth, and strengthen its positioning as a key supplier for energy solutions in a sustainable future.
The most recent analyst rating on (JP:6762) stock is a Buy with a Yen3500.00 price target. To see the full list of analyst forecasts on TDK Corporation stock, see the JP:6762 Stock Forecast page.
More about TDK Corporation
TDK Corporation is a Japan-based electronics manufacturer focused on energy solutions, particularly small and medium-capacity rechargeable batteries. Through its subsidiary Amperex Technology (Singapore) Pte. Ltd., TDK serves global customers with advanced lithium-ion battery technologies, aiming to support the transformation toward a more sustainable and electrified society.
Average Trading Volume: 13,158,435
Technical Sentiment Signal: Buy
Current Market Cap: Yen5679.8B
See more insights into 6762 stock on TipRanks’ Stock Analysis page.