South Korean media reported Monday that Samsung Electronics is considering selling its China LED business "Tianjin Samsung LED Co., Ltd." to a private equity firm in Hong Kong. Reported that Samsung will sell the business, including LED packaging factories and facilities venues. Interested in the acquisition of the business is a private equity firm in Hong Kong, the company is currently conducting due diligence.
Samsung Plans To Sell China's LED Business, Is Negotiating With Private Equity Firms In Hong Kong
- Jun 20, 2017-