Brief: Sumitomo Metal Mining announces withdrawal from lead frame business

Jih Lin Technology

11/11/2016 06:29

Nov 11 (Reuters) - Sumitomo Metal Mining Co., Ltd.   
 5713.T : 
     
     
    * Says it decided to withdraw from the lead frame 
business, based on an assessment of the changing business 
environment 
    * Says the co signed a Letter of Intent with Jih Lin 
Technology Co, Ltd.  5285.TW  to carry out detailed discussions 
toward the future transfer of one domestic and two overseas 
companies engaged primarily in the power semiconductor lead 
frame business 
     
     
    Source text in Japanese:https://goo.gl/SFpLZb 
    Further company coverage: 5713.T  5285.TW  
 
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