BH "In Talks to Acquire LG Electronics' Divested Business for Diversification"

[Asia Economy Reporter Hwang Yoon-joo] BH responded to the Korea Exchange's inquiry disclosure regarding the rumor of acquiring LG Electronics' vehicle smartphone wireless charging business, stating on the 21st, "Our subsidiary is conducting various discussions related to the acquisition of the vehicle smartphone wireless charging business to diversify business and strengthen competitiveness."

According to earlier media reports, BH will acquire the business LG Electronics intends to sell through BH EVS, a company jointly established this month with its subsidiary and KOSDAQ-listed company DKTI.