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Korea

SJM to enter EV cooling parts market

Several South Korean media sources reported that SJM Co., Ltd. (SJM) has acquired 16,693 shares or a 10.71% stake in MH Technologies Ltd., spending KRW 2 billion (JPY 190 million). SJM is a South Korean manufacturer of automotive bellows. MH Technologies is a startup with electric vehicle (EV) motor and battery coole....

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