Micro Components Ltd. a leader in semiconductor
packaging technologies, announced that Samsung
Ventures Investment Corp. has made a
multi-million dollar strategic investment in the
company as part of its current financing round.
This is the first investment that Samsung
Ventures has made in an Israeli technology company
We are excited to make this strategic investment
in MCL, a company providing strategic technology
to one of our important Group companies, said
Jong Won Kim, Samsung Venture's VP of Investment.
As highly selective investors, we invest in
highly innovative market leaders and MCL provides
a breakthrough packaging technology positions it
to become a market leader.
Mr. Jae Wan Kim, Samsung Venture's Senior
Investment Manager, added, Our investment in MCL
follows our assessment that its solution will be
a key enabler for the rapidly developing LED
market, as well as for a wide spectrum of
additional markets and applications. As a
strategic investor, we intend to strongly promote
the excellent relationship between our two
organizations.