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Ayala's IMI forges touch sensor venture in Japan

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ABS-CBN News

MANILA - Ayala Corp&#x27;s electronics unit, Integrated Micro-Electronics Inc (IMI), said Tuesday it formed a joint venture with a Japanese company to manufacture copper-based touch sensors.Japan&#x27;s Toppan Printing Co Ltd will transfer 65 percent of its shares in the newly-formed Toppan Touch Panel Products Co Ltd to VIA Optronics GmbH, a unit of IMI, the Ayala subsidiary told the stock exchange.The joint venture company will be called VTS Touchsensor Co, IMI said.<ul class="op-related-articles">	<li><a href="http://news.abs-cbn.com/business/05/02/17/5-big-corporate-mergers-and-acquisitions-in-ph-in-past-year">5 big corporate mergers and acquisitions in PH in past year</a></li></ul><ul class="op-related-articles">	<li><a href="http://news.abs-cbn.com/business/v2/08/17/16/filipino-companies-gobble-up-the-world-with-chips-burgers-spirits">Filipino companies gobble up the world with chips, burgers, spirits</a></li></ul>&quot;VIA, together with Toppan, will continue to grow the business in all market segments, extend touch sensor production line capacity of VTS and continuously develop the technology itself,&quot; IMI said.IMI bought a 76 percent stake in Germany&#x27;s VIA Optronics in September 2016, allowing it to branch out to automotive cameras and display monitors.<ul class="op-related-articles">	<li><a href="http://news.abs-cbn.com/business/09/15/16/imi-closes-p25-billion-purchase-of-german-firm">IMI closes P2.5 billion purchase of German firm</a></li></ul><ul class="op-related-articles">	<li><a href="http://news.abs-cbn.com/business/01/08/18/yuchengco-ayala-education-units-in-talks-for-merger">Yuchengco, Ayala education units in talks for merger</a></li></ul>

Ayala Corp's electronics unit, Integrated Micro-Electronics Inc (IMI), said Tuesday it formed a joint venture with a Japanese company to manufacture copper based touch sensors.

Ayala Corp's electronics unit, Integrated Micro-Electronics Inc (IMI), said Tuesday it formed a joint venture with a Japanese company to manufacture copper based touch sensors.