Hynix sells 35% of monitor unit

Home > Business > Industry

print dictionary print

Hynix sells 35% of monitor unit

Hynix Semiconductor Inc. announced yesterday it had sold 15 million shares, or 35 percent, of its display device subsidiary, Image Quest, to TriGem InfoComm and GB Synerworks for 31.5 billion won ($26.7 million). Hynix signed a memorandum of understanding to sell 20.28 million shares, or 47.34 percent, of the firm late last year. Upon completion of the sell off, TriGem InfoComm and GB Synerworks will become the largest shareholders of Image Quest. Image Quest, a company specializing in liquid crystal display monitors and other display devices, exports over $300 million worth of products to 100 countries worldwide.
Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
s
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)