LG Chem to Sell LCD Polarizer Unit to Chinese Firm for $1.1 bln

SEOUL, June 10 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical company, said Wednesday it will sell its liquid crystal display (LCD) polarizer business unit to a Chinese firm to focus on core businesses. LG Chem has signed a deal to sell the LCD polarizer-related business unit to Shanghai Shanshan Chemical Co., Ltd. [...]