# Silicon Works to acquire T-Con Chip assets for OLED TV from LG Electronics

Silicon Works Co., Ltd. agreed to acquire all assets of T-Con Chip for OLED TV from LG Electronics Inc. for KRW 480 million on May 29, 2018. The deal is expected to close on July 1, 2018.

- Type: Acquisition
- Announced: 2018-05-28
- Where: South Korea
- Status: announced
- Products: T-Con Chip for OLED TV
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [LG Electronics](https://endata.com/companies/11457.md) (target)
- [Silicon Works Co., Ltd.](https://endata.com/companies/32187.md) (acquirer)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/LX-SEMICON-CO-LTD-6524880/news/Silicon-Works-Co-Ltd-agreed-to-acquire-all-assets-of-T-Con-Chip-for-OLED-TV-from-LG-Electronics-I-34696234/), 2018-05-28: "Silicon Works Co., Ltd. agreed to acquire all assets of T-Con Chip for OLED TV from LG Electronics Inc. for KRW 480 million on May 29, 2018."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.