On September 10th, Nuoyan Capital, Hengmei Optoelectronics (HMO), and Samsung SDI officially reached an agreement on the acquisition of Polarizers businesses and completed the signing. The transaction amount is approximately 1,121 billion won, and the scope of the transaction includes polarizer production lines, businesses, personnel, and over 1000 intellectual property rights in Korea and China. This acquisition is of great strategic significance for the security and stability of the supply chain of China's display industry.
Samsung SDI founded in 1970 is a world-leading battery and electronic material manufacturer redefining the worlds of electric vehicles, energy storage systems and IT devices.
HMO was founded in May 2014 and is a leading global manufacturer of polarizers, supplying high-quality, reliable products to panel manufacturers worldwide.
Founded in 2016, Nuoyan Capital is a top-tier industrial Privaty equity firm in China, focusing on the fields of optoelectronic displays, power semiconductors, new energy, and smart vehicles. NuoYan led the acquisition of upstream polarizer materials from LG Chemical in 2023, further solidifying its presence in the market.
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