Navigation:   Home arrow List All Articles arrow Interesting Artic arrow Samsung Shareholders Approve Spin-
[Valid RSS]
Who's Online
We have 1 guest online
Navigation
Home
Links
Contact Us
Search
Site Map
List All Articles
Latest News
Monthly Archive
Disclosure Policy
RSS Feed Me
Samsung Shareholders Approve Spin- PDF Print E-mail
Sunday, 01 April 2012
Although Samsung’s LCD business has been hitting the roof, the company is taking additional measures to pad their risky LCD business venture, as Samsung’s LCD partner, Sony, has recorded major loses, which is definitely a big concern for both companies. And just recently, Samsung has proposed that the company embark on a spin-off for their LCD business, something which Samsung’s shareholders have approved recently.

The spin-off, is indeed progressing on a speedy rate, and it everything falls through, Samsung will create a new division called the Samsung Display Co. that would come into existence today. Samsung Electronics will have 100% stake in that company, and current executive vice president of its LCD business, Park Dong-gun will be president of the new firm.

Samsung Shareholders Approve Spin-off of LCD Business

Trackback(0)
Comments (0)Add Comment

Write comment
quote
bold
italicize
underline
strike
url
image
quote
quote
Smiley
Smiley
Smiley
Smiley
Smiley
Smiley
Smiley
Smiley
Smiley
Smiley
Smiley
Smiley

security code
Write the displayed characters


busy
 
< Prev   Next >