Samsung Display Company mulled as LCDs give way to OLED
As Samsung’s own money-losing business in flat-screen TVs heads from LCDs to the OLED market quicker than a jackrabbit, Samsung is thinking about spinning off it’s LCD unit to act of its own accord. This move will create a new entity by the name of Samsung Display Company and will, Samsung hopes, make it much more competitive in the smashingly popular world of HDTVs. This move has not yet been approved by shareholders, but given that the 2011 operating loss for the company’s LCD business was nearly $900 million, we...
Published By: SlashGear - Monday, 20 February
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