Deals
Display Maker Royole Said to Mull China IPO as U.S. Plans Stall
- The Chinese startup had filed confidentially for a U.S. IPO
- Royole competes with Samsung and BOE in a nascent field
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Chinese flexible display maker Royole Corp. is weighing an initial public offering in China while its planned U.S. listing is put on hold, according to people familiar with the matter.
Royole had filed confidentially for a U.S. IPO that could raise about $1 billion, Bloomberg News reported earlier this year. However, the startup is now considering a listing in China, the people said, asking not to be identified as the information is private.