[Asia Economy Reporter Park Jihwan] LX Semicon announced on the 25th that it has decided to acquire 70,000 shares of FJ Composite Materials held by LG Chem for 6.836 billion KRW.


After acquiring the shares, LX Semicon's stake will be 29.98%. The acquisition method is over-the-counter purchase.



The company stated, "This is to promote new business for strengthening business competitiveness."


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