Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels,  2.5.2022  
C(2022 ) 3036 final  
PUBLIC VERSION  
Hoya  Corporation  
20F Nittochi Nishishinjuku Building , 
6-10-1 Nishi -Shinjuku , Shinjuku -ku, 
Tokyo 160 -8347  
Japan  
 
Beijing Boe  Vision Electronic Technology 
Co., Ltd  
Building 3, No. 118, Jinghai 1st Road,  
Beijing Economic and Technological 
Development Zone   
100016, Beijing  
People’s Republic of China  
Subject : Case M.10647 - HOYA / BOE VISION / JV  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 4 April 2022 , the European Commission received notification of a proposed 
concentr ation pursuant to Article 4  of the Merger  Regulation by which  HOYA 
Corporation (“HOYA”, Japan) and Beijing BOE Vision Electronic Technology Co., 
Ltd. (“BOE Vision”, People’s Republic of China ), controlled by BOE Technology 
Group Co., Ltd. (People’s Republi c of China),  will acquire within the meaning of 
Article s 3(1)(b)  and 3(4)  of the Merger Regulation joint control over the whole of  
HOYA BOE Microelectronics China Ltd., a newly created company constituting a 
joint venture (“JV” , People’s Republic of China)  by way of purchase of shares .3 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication  in the Official Journal of the European Union No C 157, 11.4.2022 , p. 19. 

2 2. The business activities of the undertakings concerned  are the following : 
 HOYA: research and development, manufacturing and sale of electronic products, 
including photomask blanks, photomasks and glass substrates for hard dri ve 
disks,  
 BOE Vision: liquid crystal display  manufacturing and technology development, 
technology transfer, technical consultation and technical services for liquid crystal 
display television , television  and other end products and systems,  
 JV: production a nd sale of photomasks for use in the production of flat panel 
displays.  
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5(a) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the no tified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agreement . 
For the Commission  
 
 
(Signed)  
Olivie r GUERSENT  
Director -General  
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .