South Korea's Doosan Group invests 2.3 trillion South Korean won to acquire a 70.6% stake in SK Siltron, further expanding its presence in the semiconductor industry.

July 31st - According to South Korean media reports, Doosan Group has signed an agreement with SK Group to acquire the semiconductor wafer manufacturer SK Siltron. With this transaction completed, Doosan, building on its core businesses in energy and machinery, is expected to further enhance its competitiveness in the semiconductor industry. Doosan Group's holding company, "Doosan," disclosed on the 31st that it has signed a share purchase agreement with SK Group to acquire 70.6% of SK Siltron's shares, with the transaction amounting to 23 trillion Korean won.

However, the 29.4% stake personally held by SK Group Chairman Choi Tae-won is not part of this acquisition. SK Siltron is South Korea's only semiconductor silicon wafer manufacturer, ranked third globally in terms of market share based on 12-inch wafers. Last year, SK Siltron's enterprise valuation exceeded 5 trillion Korean won.