Samsung spins off LCD unit - AVS Forum
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post #1 of 6 Old 02-20-2012, 02:50 PM - Thread Starter
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IDG News Service - The board of directors of Samsung Electronics has decided to spin off the company's LCD (liquid crystal display) panel manufacturing unit, it said Monday.

The new company, provisionally named Samsung Display Co. will be launched on April 1, and will have an investment of 750 billion won (US$665 million) in capital, the company said.

Samsung's decision comes as it and its competitors are struggling with slow demand and falling profits in its LCD business.

The new structure will give the LCD panel business the ability to take business decisions quickly and respond to clients' needs more swiftly, Samsung said in a statement.

The move will still require approval from the company's shareholders in March.

After five straight months of steep declines, prices for large-size LCD panels stabilized in December, 2011 because of better sales than expected and decreased production, according to research firm IHS iSuppli. The firming in panel prices in December can be attributed to lean inventories throughout the supply chain and to lower factory utilization rates, after suppliers were forced to cut production in order to control supply and stem financial losses, it said.
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post #2 of 6 Old 02-21-2012, 10:26 AM
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The interesting part is the OLED panels will remain in the main Samsung company. Samsung knows this is the future and wants to cut its lost with the LCD market. Hopefully this means the OLED will become mainstream in a short time frame.
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post #3 of 6 Old 02-21-2012, 11:16 AM
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Wasn't it Samsung that said at CES that it would not be doing OLED for consumer displays?
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post #4 of 6 Old 02-21-2012, 11:20 AM
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So does this = "Samsung spins off LED unit"?
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post #5 of 6 Old 02-21-2012, 12:03 PM
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Here's the thing, Samsung is spinning off nothing. They are creating a 100% owned subsidiary. They are talking about merging SMD or S-LCD with it. This is financial engineering, not some sort of strategic shift.

The other news where they are (as many of us expected) limiting future investment in LCD is the most bullish for OLED. But, again, as things currently stand, it appears they are bullish on OLED and hope to begin displacing LCD with it, perhaps reaching 1/3 to 1/2 of their TV production by decade's end. This "news" of a "spinoff" doesn't really change anything.

There is no difference in HDMI cables. If you can see the picture without visible dropouts or sparklies, the cable is working at 100%. No other cable will display a better version of that picture. You're simply wrong if you think there is a better digital cable than one that is already working. (Oh, and plasma didn't die because of logistics problems, nor does OLED ship in big boxes because it comes from Korea.)
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post #6 of 6 Old 02-21-2012, 12:34 PM
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Quote:
Originally Posted by Cuhulin View Post

Wasn't it Samsung that said at CES that it would not be doing OLED for consumer displays?

You may be thinking about Sharp. Samsung had an OLED set on their floor at CES.
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