March 12th Derun electron - Italy Meta

To run electronic March 12, and Italy Meta-Fin S.p.A. (meta) Corporation signed a strategic investment agreement, intends to 5682 million euros funded the acquisition of a stake in the 60% of the latter, automotive electronics and core parts supply market development, standard of the residual equity within five years after completion of the transaction re acquisition.

Deren electronic bulletin, meta registered in Reggio Emilia, Italy, the business distribution in the core areas of automotive electronics, including: automobile power control and electric vehicle charging module, security and alarm sensor, and a control unit (including before and after induction radar, car microwave monitoring, anti-theft and tilt alarm), car networking module (for on vehicle traveling data collection and tracking). Meta's major customers for the high-end automotive automotive plant in Europe, including BMW, Mercedes Benz, Volkswagen, Fiat, PSA, etc., and parts supplier of some first-line auto parts.

Yun Electronics said the company will be based on the current operating mode and situation of Meta, as well as the specific circumstances of the domestic market, explore localization approach, and promote cooperation between the two sides. With meta existing platform, absorbing the advanced technology research and development capabilities, the company can and constantly develop new products to extend the existing product lines, and into the mainstream of European automotive electronics and core parts supply market, to explore the Chinese automotive electronics market.

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