| ||Thread Tools|
|21st February 2012, 07:41||#1|
Join Date: May 2010
Samsung to Spin-Off its LCD Unit
South Korean titan Samsung Electronics has today confirmed the rumors regarding the spin-off of its LCD (liquid crystal display) business. The LCD unit, which posted an operating loss of $668 million for last year, will be 'set free' as of April 1st, and will be renamed Samsung Display Co.
"The spin-off will allow us to make quicker business decisions and respond to our clients' needs more swiftly," said Donggun Park, executive vice president and head of Samsung's LCD unit.
While it's pushing out LCDs, Samsung is still going to make big investments ($5.8 billion this year) in panel technology, focusing on the high-growth OLED segment.
|Thread||Thread Starter||Forum||Replies||Last Post|
|Thermaltake eSports Shock Spin Headset Review @ Neoseeker||Stefan Mileschin||WebNews||0||21st October 2011 09:10|
|Asus' Pegatron spin-off draws to a close||jmke||WebNews||0||12th February 2010 12:22|
|An Introduction To AMD Spin-Off Global Foundries||jmke||WebNews||0||4th May 2009 17:46|
|AMD Prepares to Spin Off Manufacturing Operations||jmke||WebNews||1||23rd July 2008 20:52|
|Taking A Test Spin : Western Digitalís Raptor 150 GB with RAID-0||jmke||WebNews||0||23rd January 2006 19:24|
|Speeze Vulture Spin 3||jmke||WebNews||0||18th March 2005 11:37|
|points per unit||Magnum_||Site & Forum Feedback - Folding@Home||0||15th September 2003 14:01|