Samsung SDI Sells Polarizing Film Unit for $836M

Samsung SDI's Strategic Shift

Samsung SDI, a leading South Korean battery manufacturer, has announced a significant business decision to sell its polarizing film division to Wuxi Hengxin Optoelectronic Materials, a Chinese firm, for approximately $836 million (1.12 trillion won). This move is part of Samsung SDI's strategic realignment to focus more on the production of materials related to semiconductors, OLED (Organic Light-Emitting Diode), and battery technologies.