Samsung Display spins off, merges with OLED-arm Samsung Mobile Display
0. phoneArena 02 Apr 2012, 07:28 posted on
Samsung today confirmed that it’s finally spun off its struggling Samsung Display division away from the main company…
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1. remixfa (Posts: 14255; Member since: 19 Dec 2008)
Well thats pretty smart. They are using their Amoled division to prop up their LCD division.
3. rd_nest (Posts: 1115; Member since: 06 Jun 2010)
PA got the news wrong. This has nothing to do with the OLED division.
http://www.samsungdisplay.com is the company now, and will deal exclusively with TFT-LCD displays. No OLED business for them.
Ask yourself this -- why would they merge a non-profiting business with OLED business which has endless possibilities? The moment they initially announced the spinning-off LCD business, their shares increased 5% in a single day.
Samsung Mobile Display (http://www.samsungsmd.com) is the manufacturer of OLED. This unit has nothing to do with LCD business of newly formed groupwww.samsungdisplay.com.
Latest news is that Samsung Electronics is going to take-over the OLED business from Samsung Mobile Display (http://in.reuters.com/article/2012/02/07/us-samsung-display-idINTRE8160IR20120207?type=companyNews)
Also note that "Samsung Mobile Display" is an unlisted company. Samsung Electronics actually has major stake in the SMD.