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Alps Alpine Completes Power Inductor Business Transfer

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Alps Alpine Co ( (JP:6770) ) just unveiled an announcement.

Alps Alpine Co., Ltd. has announced the completion of the transfer of its power inductor business to Delta Electronics Inc., a move initially disclosed in August 2024. This strategic decision is reflected in the company’s financial forecasts and is expected to impact its business performance, as previously outlined in its financial results forecast released in October 2024.

More about Alps Alpine Co

Alps Alpine Co., Ltd. is a company operating in the electronics industry, primarily focusing on the development and production of electronic components, including sensors, switches, and modules. The company’s market focus is on providing innovative solutions to enhance the functionality and performance of consumer electronics and automotive systems.

YTD Price Performance: -0.59%

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $2.12B

See more data about 6770 stock on TipRanks’ Stock Analysis page.

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