News / Korea / yonhap_finance
GoPro to be Acquired by Starmen Optical Amid Financial Struggles
Electronic Technology · Electronic Equipment/Instruments · yonhap_finance · 2026-09-02
GoPro agrees to sell a 90% stake to Starmen Optical for $285 million, aiming to pivot toward AI data centers and defense technology markets.
What Happened
Acquisition Details: GoPro has entered into an agreement to sell a 90% stake to U.S.-based optical component firm Starmen Optical for $285 million. The proceeds from this deal will be utilized to settle $92 million in outstanding debt.
Read original
More in Electronic Technology
Electronic Technology · economic_daily · 2026-09-02
Taiwan stocks tumbled as geopolitical tensions flared, yet semiconductor equipment stocks surged amid the opening of SEMICON Taiwan 2026.
2330, 2464, 3055, 6438, 6510, 6515, 6640, 6937
Electronic Technology · cnyes · 2026-09-02
WT Microelectronics has successfully priced a $935 million dual-offering of GDRs and convertible bonds to bolster working capital and support AI-driven growth.
3036
Electronic Technology · cnyes · 2026-09-02
Server manufacturer Wiwynn experienced significant price volatility during its ex-rights trading session today, with shares swinging after an initial rally.
6669
Latest in Korea
Finance · yonhap_finance · 2026-09-02
Cushman & Wakefield Korea has successfully advised on the sale of major retail properties in Seoul's prime districts, signaling a rebound in investor interest.
Finance · yonhap_finance · 2026-09-02
South Korean government bond yields climbed across all maturities on Tuesday, with the 3-year yield rising 3.6bp to 3.914% amid broad market pressure.
Finance · yonhap_finance · 2026-09-02
Escalating military conflict between the U.S. and Iran has pushed oil prices above $90 and sent bond yields soaring, triggering a sell-off in global equities.
000660, 003470, 005930, 039490
Electronic Technology · yonhap_finance · 2026-09-02
Incoming Apple CEO John Ternus is set for an $80 million compensation package, while former CEO Tim Cook will receive $65 million as executive chair.