# LG Chem sells color photoresist business to Yoke Technology for KRW 58B

LG Chem sold its color photoresist business, including production facilities and technology, to Yoke Technology's subsidiary Siyang International for KRW 58 billion. The sale was announced on February 27, 2020.

- Type: Acquisition
- Announced: 2020-02-27
- Where: China
- Value: $48.0M (58.0B KRW)
- Status: completed
- Products: color photoresist
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [LG Chem](https://endata.com/companies/2456.md)
- [Yoke Technology](https://endata.com/companies/45566.md) (acquirer)
- [Siyang International](https://endata.com/companies/45567.md) (acquirer)

## Sources

- [yna.co.kr](https://www.yna.co.kr/view/AKR20200227199400003), 2020-02-27: "중국 소재 기업 요케테크놀로지(雅克科技)는 최근 공시를 통해 자회사 쓰양인터내셔널(斯陽國際)과 LG화학이 감광재 사업 관련 양도 계약을 체결했다고 밝혔다."

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