Samsung Electronics board signs the spin-off of its LCD unit, to focus on OLED development
0. phoneArena 20 Feb 2012, 07:40 posted on
After struggling with losses in its LCD unit, Samsung Display Company, Samsung Electronics' board of directors today signed the paperwork to spin off the firm into a separate entity. Faltering demand and falling prices for LCD TVs have hurt the world's largest TV maker to the point that now it doesn't want anything to do with the pesky LCD business...
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1. ZEUS.the.thunder.god (unregistered)
keep up the good work sammy
4. spiderpig2894 (Posts: 568; Member since: 10 Jan 2012)
now that they are focused in OLED, try increasing the life span of it since organic products deteriorate fast than LCD.
5. InspectorGadget80 (unregistered)
And this is the type of flat panel I've been waiting for to come to market!