LITEON Announced the Strategic Investment of a 19.99% Stake in COSEL

当Webサイトでは、サイトの利便性向上のためクッキー(Cookie)を使用しています。ブラウザの設定（Cookieの無効化等）をそのまま変更せずに閲覧される場合は、Cookie利用目的に同意したものとみなします。詳細は当社プライバシーポリシーをご覧ください。

同意して閉じる

Press Releases

2024/04/30

LITEON Announced the Strategic Investment of a 19.99% Stake in COSEL

Taipei — LITE-ON Technology Corp. announced today the strategic investment of a 19.99% stake in COSEL Co., Ltd. (TYO: 6905), a leading Japanese power supply manufacturer. The total transaction consideration amounts to roughly NTD 2.53B, which is based on the closing share price of the trading day before COSEL's board meeting on April 30th,2024. The deal will secure LITEON the right to nominate one board member and suggest one independent board director in COSEL. This strategic investment is a sign of significant collaboration between the two companies.

The partnership between LITEON and COSEL is expected to foster synergies across several operational facets, including product development, manufacturing, geographic footprint and market expansion. The integration of COSEL’s robust capabilities in industrial equipment, semiconductors, and healthcare industries with LITEON’s strength in electronics will provide more comprehensive solutions to customers.

Anson Chiu, President of LITEON, commented, " In recent years, LITEON has been persistently transforming, diversifying its approach with a market-oriented focus, and continually refining its product portfolio. Partnering with COSEL allows us to capitalize on mutual strengths and marks a milestone for LITEON as we aim to accelerate our presence in the global high-growth power solution sectors."

Morio Saito, President of COSEL, stated, “The Company (COSEL) has decided to form a business alliance with LITEON based on a belief that, amid changes in the global business environment and diversification of customer needs, the business alliance will integrate the technological capabilities of the two company groups to build a global structure capable of providing more value-added products and services in a timely manner, which will further lead to enhanced corporate value and sustainable growth of both companies.”

About LITEON:

LITEON Technology Corporation (2301.tw) was established in 1975. As a pioneer of LED in Taiwan, it is the first electronics company listed on TAIEX. Over the past 50 years, LITEON has secured a strong position in the global market with its leading opto-electronic and power management technology. As it successfully ventures into power supply for computing, optoelectronics, auto electronics, 5G and AIoT in recent years, LITEON aspires to power its mid and long-term development with green data center, clean mobility and efficient infrastructure as its growth engines. Given the environmental and climate change worldwide, LITEON started to follow relevant global initiatives 20 years ago to develop next-generation products that meet sustainability requirements in collaboration with the suppliers, fulfilling its social responsibilities with concrete actions.

About COSEL:

Established in 1969, COSEL Co., Ltd. is a premier manufacturer of high-quality, ultra-compact switch-mode power supplies, DC-DC modules, and power filters in Japan. COSEL's products are predominantly utilized in the industrial equipment, semiconductor, healthcare, and renewable energy sectors, with primary markets in Japan, Europe, North America, and other parts of Asia.

Media contact

Irene Chou, Enterprise Brand Value Development Center

Phone: 02-8798-2888

LITEONTech.PR@liteon.com