Lintec to Liquidate Malaysian Subsidiary Amid Market Challenges
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Lintec Corporation has announced the liquidation of its Malaysian subsidiary, Lintec Industries (Malaysia) Sdn. Bhd., due to declining market competitiveness and reduced orders, exacerbated by competition from Chinese manufacturers. The liquidation process is expected to be completed by March 2026, with the financial impact still under review. The latest analyst rating for Lintec's stock (JP:7966) is a Buy, with a price target of Yen3865.00. Lintec specializes in multilayer ceramic capacitor-related tapes for electronic devices, primarily in Southeast Asia and China.
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