Samsung’s (005930) impending Galaxy S IV may not feature an unbreakable or flexible screen, but that doesn’t mean the company isn’t working hard to get such high-tech displays onto its phones within the next year. Engadget reports that Samsung display panel spin-off Samsung Display is preparing to demonstrate a 5.5-inch, 720 pixel flexible screen at this year’s Consumer Electronics Show in Las Vegas. Engadget cautions us not to set our expectations too high, however, because the display at CES will be “merely a component that could one day find its way into a smartphone, rather than a finished product that’s meant for consumers.” Even so, anyone looking for the next big innovation in smartphone tech has to be excited that Samsung is inching closer to getting these displays ready for primetime.
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 →
Samsung on Monday announced that it will spin off its LCD display panel manufacturing business. Tentatively named Samsung Display Co., Ltd., the new company will be a wholly owned subsidiary of Samsung Electronics and it will launch with approximately $6.6 billion in initial capital when it officially breaks off from Samsung-proper on April 1st, 2012. ”This split LCD business is the speed of your business can be secured to the diverse needs of Customers.Therefore were able to respond quickly,” said Donggun Park, EVP of Samsung’s LCD business, in a statement. “Business competitiveness to our customers advanced products and a step I will try to provide technology and services.” More →