LG Chem sells much of its LCD polarizer business to Chinese company

LG Chem sells much of its LCD polarizer business to Chinese company
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11.06.2020

MOSCOW (MRC) -- LG Chem has signed a conditional contract with Ningbo, China-based Ningbo Shanshan to sell a large portion of its liquid crystal display (LCD) polarizer business for USD1.1 billion, said Koreajoongangdaily.В В В В The sale reflects LG's strategy of exiting from the LCD business as cut-price Chinese electronics makers, such as Beijing-based BOE Technology, dominate the bus

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