Electronics Production | June 18, 2008
Filtronic to sell Defense Unit?
Filtronic is reportedly exploring the possible sale of its U.K. defence electronics business to lower costs, reports Bloomberg.
According to a statement, distributed through the UK Regulatory News Service, the company said that a sale would allow a stricter development focus on the point-to-point communications business for radio and radar devices. Filtronic already sold its US defence unit and compound semiconductor division.