Advanced Battery Technology Cly-Del
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TDK Aquires Amperex Technology Ltd.

TDK Corp. has completed the acquisition of Amperex Technology Ltd., a polymer lithium battery manufacturing and sales company based in Hong Kong, with manufacturing sites in Dongguan, China. The purchase price for all assets was US$100 million.

TDK plans to develop materials technology in the field of energy expecting future growth. ATL has been specializing in the compact and yet flexible polymer lithium battery business, and has established a production system of stable quality based on its special know-how in materials technology and production engineering technology.

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