# Wonik IPS to acquire parts of Semes display business for 82 billion won

Wonik IPS will acquire parts of Semes' display business, including display photo and wet equipment technology, sales rights and personnel, for 82 billion won. The deal includes etcher, stripper, cleaning, coater and printing equipment. Semes will retain only ink jet printing equipment.

- Type: Acquisition
- Announced: 2020-08-31
- Where: South Korea
- Status: announced
- Products: display photo equipment, wet equipment, etcher, stripper, cleaning equipment, coater, printing equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Wonik IPS](https://endata.com/companies/16332.md) (acquirer)
- [Semes](https://endata.com/companies/49605.md) (target)

## Sources

- [thelec.net](https://www.thelec.net/news/articleView.html?idxno=1456), 2020-08-31: "Wonik IPS will acquire parts of the display business of Semes, the equipment subsidiary of Samsung Electronics, for 82 billion won, the company announced."

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