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  • Samsung Confirms 'Spin Off' LCD Business


    After weeks of speculation and hot gossip from the tech rumor mill, Samsung on Monday confirmed that which we've all expected the Apple supplier to announce sooner or later. Samsung verified plans today that it will spin off its struggling LCD manufacturing business into a new company early this spring.

    The new corporate entity - Samsung Display Co. - is yet to be authorized the shareholders, but the move still comes as a significant effort by Samsung to achieve its goal of "structural change" in the display business.

    Much of that "change" has to do with the television market's decreased appetite for LCD screens.

    The OLED display market may grow to more than $20 billion by 2018, accounting for about 16 percent of the total panel market, from an estimated $4 billion, or 4 percent of industry- wide revenue, last year, according to Santa Clara, California- based DisplaySearch.
    “It’s a good decision for Samsung Electronics,” James Song, an analyst at Daewoo Securities Co., tells Bloomberg this morning. “The long-term direction for their display business is going OLED. They can improve efficiency of investment by combining similar businesses.”

    Source: Bloomberg
    This article was originally published in forum thread: Samsung Confirms 'Spin Off' LCD Business started by Michael Essany View original post
    Comments 5 Comments
    1. feidhlim1986's Avatar
      feidhlim1986 -
      Are their LCD Displays business different to the LED Displays? Samsung supply displays to so many people, Apple included, and make some of the best quality TVs on the market. Crazy to think that even though overall Samsung made a ton of money last year, their TV display business made a loss.

      Btw, this article has really no purpose to be published on an Apple-centric website. Sure Samsung supply Apple with components, but these LCD's aren't one of them. Just feels like some flame-bait.
    1. politicalslug's Avatar
      politicalslug -
      OLED TVs currently make up 4% of the current market? Where can I find one of these, apparently very commonplace, OLED TVs? Clearly my understanding of what constitutes a TV doesn't coincide with whoever wrote this article.
    1. unison999's Avatar
      unison999 -
      Quote Originally Posted by feidhlim1986 View Post
      Are their LCD Displays business different to the LED Displays? Samsung supply displays to so many people, Apple included, and make some of the best quality TVs on the market. Crazy to think that even though overall Samsung made a ton of money last year, their TV display business made a loss.

      Btw, this article has really no purpose to be published on an Apple-centric website. Sure Samsung supply Apple with components, but these LCD's aren't one of them. Just feels like some flame-bait.

      LCD displays the color, LED is what they use to light up the colors.
      Normal cheap LCD displays uses fluorescent lamps to light up the LCD.
      I believe Samsung is still supplying Apple with retina display for iPad 3.
    1. dangit's Avatar
      dangit -
      Wait I thought this was an apple news site. When did they decide to become a source if news for Samsung?
    1. letmusicring's Avatar
      letmusicring -
      Quote Originally Posted by dangit View Post
      Wait I thought this was an apple news site. When did they decide to become a source if news for Samsung?
      +1