LG Chem Sells LCD Polarizer Business to Chinese Company
[Asia Economy Reporter Oh Ju-yeon] LG Chem announced on the 11th that it has signed a conditional contract to sell its 'LCD polarizer' business to Chinese chemical materials company Shanshan for $1.1 billion (approximately 1.3 trillion KRW). The company stated, "Since procedures such as board approval remain until the final completion of the contract, we will provide detailed information through a disclosure once the contract is finalized."
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