Samsung SDI to sell polarizsng film business to China's Wuxi Hengxin for $836m

Samsung SDI to sell polarizsng film business to China's Wuxi Hengxin for $836m

FILE PHOTO: A general view of the Samsung SDI battery factory in God, Hungary, December 12, 2022. REUTERS/Marton Monus/File Photo

South Korean battery maker Samsung SDI said on Tuesday it had decided to sell its polarizing film business to China’s Wuxi Hengxin Optoelectronic Materials for 1.12 trillion won ($836.47 million).