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Project details

Korean semiconductors company seeks to sell its LCD business and set up a JV in China

Project region South Korea
Industry Semiconductors
Total value of the target N/A
Expected target net rate of return after deducting all taxes and fees N/A
Validity period of pending order 365

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Project highlights supplier to LG - 25% operating profit - USD 6 milliom investment
Project description

The Korean company's business focuses on manufacturing liquid crystal display ("LCD") strippers, semiconductor strippers and chemical mechanical polishing ("CMP") pads for semiconductors. Currently, its clients include Boe Technology Group Cp., Ltd, LG and others, with annual sales of about USD 3.9 million and 25% operating profit.The company seeks to sell its LCD stripper business for USD 6 million. Additionally, the company seeks to set up a joint venture in China to produce semiconductor strippers and CMP pads for semiconductors.

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