Mei Ri Jing Ji Xin Wen·2025-11-24 07:52Core Viewpoint - The acquisition of LG Chem's LCD polarizer business by Sungen is a strategic move that positions the company as the largest polarizer supplier globally, breaking foreign monopolies in critical optical materials technology [1][2]. Group 1: Acquisition Details - Sungen acquired 70% of LG Chem's LCD polarizer business and related assets, marking a significant expansion into the optical materials sector [1]. - This acquisition is part of Sungen's strategy to overcome the "neck-choking" technology barriers in China's display industry, which has historically relied on imports for core display materials [1]. Group 2: Strategic Importance - The acquisition aligns with China's national strategy to enhance domestic production capabilities in critical technology sectors, particularly in the display industry, which has a market value exceeding 400 billion yuan [1]. - Sungen's chairman emphasized the importance of both mergers and acquisitions and original innovation in driving the company's growth and technological advancement [1][2]. Group 3: Leadership Vision - The chairman of Sungen, Zheng Yonggang, highlighted that this acquisition represents a significant entrepreneurial venture in his later career, aiming to replicate past successes in different industries [2]. - The company is committed to investing continuously and patiently in the polarizer business to establish a new growth trajectory [2].