Samsung SDI Sells Polarizing Film Business to Chinese Firm for $836 Million

Reported about 1 month ago

Samsung SDI, a South Korean battery manufacturer, announced it will sell its polarizing film business to China's Wuxi Hengxin Optoelectronic Materials for $836 million. This deal includes operations in South Korea and an overseas unit in Wuxi, China. The company aims to focus on semiconductor materials, OLEDs, and battery production to enhance competitiveness.

Source: YAHOO

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