Samsung Display spins off, merges with OLED-arm Samsung Mobile Display

0. phoneArena posted on 02 Apr 2012, 07:28

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 posted on 02 Apr 2012, 09:10 0 0

Well thats pretty smart. They are using their Amoled division to prop up their LCD division.

2. Walter.D.DROID posted on 02 Apr 2012, 13:52 0 0

I like the way tey're going :)

3. rd_nest posted on 02 Apr 2012, 13:57 0 0

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.

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