x PhoneArena is hiring! Reviewer in the USA
  • Options

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…

This is a discussion for a news. To read the whole news, click here

posted on 02 Apr 2012, 09:10

1. remixfa (Posts: 14604; Member since: 19 Dec 2008)

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

posted on 02 Apr 2012, 13:52

2. Walter.D.DROID (Posts: 25; Member since: 01 Apr 2012)

I like the way tey're going :)

posted on 02 Apr 2012, 13:57

3. rd_nest (Posts: 1656; 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-samsu​ng-display-idINTRE8160IR20120207?type=companyNews)

Also note that "Samsung Mobile Display" is an unlisted company. Samsung Electronics actually has major stake in the SMD.

Want to comment? Please login or register.

Latest stories