Your browser is not Javascript enable or you have turn it off. We recommend you to activate for better security reason<div class="billede"><img src="pictures/mini-samsungoledtv55.jpg" alt="Samsung spins off LCDs"></div>Samsung spins off LCD business, OLED is the future - FlatpanelsHD

<div class="billede"><img src="pictures/mini-samsungoledtv55.jpg" alt="Samsung spins off LCDs"></div>Samsung spins off LCD business, OLED is the future

20 Feb 2012 | Rasmus Larsen |

Last week we reported that Samsung was reviewing the <a href=http://www.flatpanelshd.com/news.php?subaction=showfull&id=1329230018><b>future of their LCD business</b></a>. Samsung has now officially confirmed that they will spin off their LCD division from the parent company to a new subsidiary company called Samsung Display Co.<br /><br /><h3>Samsung spins off LCD division</h3>Samsung and Sony recently ended their <a href=http://www.flatpanelshd.com/news.php?subaction=showfull&id=1324976422><b>LCD partnership</b></a> and last week Reuters wrote that Samsung has realized a loss of <a href=http://www.flatpanelshd.com/news.php?subaction=showfull&id=1329230018><b>1 trillion Won (around $891 million)</b></a> from their LCD business in fiscal year 2011. Samsung has now taken action based on that fact.<br /><br /><p align=center><a id="thumb" href="pictures/samsungoledtv55-1l.jpg" class="highslide" rel="highslide"><img class="imgresponsive" src="pictures/samsungoledtv55-1.jpg" alt="Samsungs 55-inch Super OLED-TV" title="Click to enlarge" /></a><br><i>Samsung is ready to move ressources from LCD to OLED. Here you see Samsung’s 55-inch OLED-TV</i></p><br />Samsung plans to move all their LCD operations from the parent company, Samsung, into a new subsidiary called Samsung Display Co. This is formally scheduled to happen April 1, 2012.<br /><br />Bloomberg reports that Samsung is also considering merging the new subsidiary with Samsung Mobile Display – that produces Samsung’s smartphones and OLED displays. The move should make Samsung able to move resources from LCD production to OLED, and to transform some LCD manufacturing plants to OLED plants. A Samsung spokesperson confirms, to Bloomberg, that Samsung is indeed considering this move as well.<br /><br />We are not sure what else to expect from the new Samsung Display Co. structure, but it is a clear sign that Samsung wants to move into the OLED segment faster than anticipated.<br /><br />It has no short-term effect, however. Samsung still expects to sell 50 million TVs in 2012 – most of them LED models.<br /><br />- <i>Sources: Samsung, Bloomberg, Reuters</i>



Latest news

LG Gallery OLED TV

LG 'Gallery' & 'Wallpaper' 2020 OLED TVs now available

29 May 2020 | Rasmus Larsen |
Tidal Dolby Atmos TV

Tidal debuts Dolby Atmos music support for Apple TV 4K, Android TV, FireTV

29 May 2020 | Rasmus Larsen |
Philips Hue Sync box

Philips Hue box gains support for Dolby Vision, HDR10+

29 May 2020 | Rasmus Larsen |
B&O 8K OLED TV

Bang & Olufsen debuts Beovision Harmony 88", its first 8K OLED TV

28 May 2020 | Rasmus Larsen |
Twitch LG TV

Twitch app arrives on LG TVs

28 May 2020 | Rasmus Larsen |
YouTube Kids Apple TV

YouTube Kids app debuts on Apple TV

28 May 2020 | Rasmus Larsen |
HBO Max

HBO Max delivers 1080p at 2x bitrate compared to HBO Now

27 May 2020 | Rasmus Larsen |
HBo Max

HBO Max is live – without 4K HDR

27 May 2020 | Rasmus Larsen |