SKC will invest $70 million in Halio, a California-based electrochromic glass solution provider, to strengthen its environmentally friendly materials business. The Korean company on Tuesday held a board meeting and finalized the agenda. Details about the stake have not been disclosed. Founded in 2010, Halio develops and commercializes smart glass using electrochromic technology that maximizes natural light while mitigating solar heat and glare. Its Smart Window technology tints the glass of buildings by using electricity to manage heat and light penetration.

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