Samsung Display spin-off opens its doors
Samsung Display spin-off opens its doors
Samsung Electronics on Monday announced that its display panel spin-off is now operational. The company said in February that it would separate its struggling LCD business from the rest of the company and form Samsung Display Co., Ltd. The subsidiary opened its doors Monday morning and it will commence operations with roughly $6.6 billion in financing from parent company, Samsung Electronics. ”We will make Samsung Display a well-respected company through continuous efforts to supply a wide variety of customized products that provide great value to our customers,” newly named Samsung Display CEO Donggun Park said. ”By continually staying one step ahead of our competitors, we can make our company the very best in the display market.” Samsung’s full press release follows below. More →










