iPhone screen maker plans US$1.5b Hong Kong IPO in 2018

Hong Kong

BIEL Crystal Manufactory, the biggest cover glass maker for iPhones, plans to raise about US$1.5 billion from a Hong Kong IPO as early as the first half of 2018, according to people familiar with the situation.

According to them, Biel Crystal has kicked off formal preparation for the planned IPO after years of consideration. IFR first reported about the IPO plan in January 2016.