# LG Chem acquires DuPont's soluble OLED technology for $175M

LG Chem has acquired key technologies, including R&D facilities and materials/equipment, for producing soluble organic light emitting diodes (OLED) from DuPont, in a deal valued at US$175 million.

- Type: Acquisition
- Announced: 2019-04-10
- Where: United States
- Value: $175.0M
- Status: completed
- Products: soluble OLED materials
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [LG Chem](https://endata.com/companies/2456.md) (acquirer)
- [DuPont](https://endata.com/companies/13205.md) (target)

## Sources

- [plasticsandrubberasia.cn](https://www.plasticsandrubberasia.cn/en/news/m-lg-chem-buys-duponts-oled-tech/), 2019-04-10: "With this acquisition, we could secure every technology related to the soluble OLED materials."

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