TDK announced on May 19 that its Singapore battery unit Amperex Technology Singapore will acquire all shares of Linergy Power, a Kuala Lumpur-based lithium-ion battery maker, for approximately US$241.1 million. The transaction, comprising US$240 million for shares and US$1.1 million in advisory fees, is set to close on June 15, making Linergy a wholly owned TDK subsidiary. TDK stated the acquisition will help it build a more flexible supply network for its energy solutions business. Prior to the deal, TDK held an indirect 25.5% stake in Linergy, which was founded in December 2024 and reported US$380 million in assets and a US$22.7 million net loss for the year ended March 2026.

## Strategic Focus: Energy Storage and Liquid-Cooling Technology

Linergy specializes in liquid-cooling lithium battery technology for green energy storage solutions. The company operates a contract manufacturing model encompassing supplier selection, contracting, sample production, mass production, and delivery. This operational structure aligns with TDK's stated objective of building production and process capabilities in-house through acquisition.

## Geographic and Technical Expansion

The acquisition expands TDK's manufacturing footprint in Southeast Asia and adds technical expertise in liquid-cooling battery technology alongside production capacity. By acquiring a specialized contract manufacturer with end-to-end production services, TDK integrates both manufacturing depth and technical know-how into its energy solutions division.

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