Samsung Electronics board approves $960.4M acquisition of TCL China Star Optoelectronics stake

Samsung Electronics announced its board approved the acquisition of an equity interest in TCL China Star Optoelectronics Technology from affiliate Samsung Display, valued at approximately USD 960.4 million (KRW 1,271,821 million). The off-market acquisition, scheduled for December 2026, will give Samsung Electronics a 10.16% ownership stake.

Detected & updated continuously · Source: Nebula