FRD Co., Ltd. cancelled the acquisition of Special Gas Business Division of JT Corporation.

JT Corporation is a Korea-based company mainly engaged in the manufacture and distribution of semiconductor testing equipment. The Company’s products portfolio consists of semiconductor systems, including burn-in sorters, solid state drive (SSD) test handlers, simple handlers, semiconductor vision inspection systems and others; light-emitting diode (LED) systems, such as LED probers and LED sorters; display drive integrated circuit (DDI), including DDI vision inspection systems and DDI pick and place handlers, as well as organic light-emitting diode (OLED) testing equipment, laser pattern equipment, multilayer laminator equipment and other equipment components. In addition, it provides conversion kits and parts. The Company distributes its products within domestic market and to overseas markets.