Cheil Industries

Company type:  

Cheil Industries is a Samsung affiliate that produces textiles, fashion, chemicals and electronic chemical materials. In May 2011 the company announced a plan to invest $92 million in an OLED material facility, to produce ETL, HTL and EML materials.

In August 2013, Cheil Industries (together with Samsung Electronics) acquired Novaled for €260 million. In March 2014, Samsung SDI acquired Cheil Industries for $3.3 billion. Samsung Everland, which acquired Cheil's fashion business in March 2014, changed its name to Cheil Industries. So Cheil now is involved with the fashion, construction and resort businesses.

Company Address

332-2 Gocheon-dong
South Korea