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Displays Businesses Television News Technology

Samsung Spins Off Its Display Business 60

redletterdave writes "Samsung Electronics announced Monday that it will spin off its LCD business division to launch a new entity, provisionally called Samsung Display Co., set to go live on April 1, 2012. The new business will launch with about $668 million in capital, but Samsung plans to invest about $5.8 billion in 2012 to develop better displays. The move, which now awaits shareholder approval, has been rumored for months since Samsung's LCD business announced operating losses of $666 million in 2011, citing sluggish TV sales. The company's spin-off display business may eventually merge with Samsung Mobile Display, which makes the company's organic light-emitting diode (OLED) panels that are currently in high demand."
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Samsung Spins Off Its Display Business

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  • Resolution (Score:5, Insightful)

    by mehrotra.akash ( 1539473 ) on Monday February 20, 2012 @04:01PM (#39102471)
    Are they investing in higher resolution?
    Because without that, most of the market at the current price levels is saturated with "good enough" screens and wont see much of a point in upgrading
    Affordable 1920*1200 screens at 22 inch, and 2560*1600 or 2560*1440 at 24inch or 27 inch will get atleast the monitor market moving again (and GPU market)

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