Sunday, March 18, 2012

Samsung shareholders approve spin-off of LCD business

was less than a month after Samsung confirmed that it would turn its LCD business into a separate company, and it seems that things are moving faster. The shareholders approved the demerger, paving the way for the attempt-titled Samsung Display Co. comes into existence on April 1. Samsung Electronics has 100 percent in the company, and current executive vice president of business LCD, Park Dong-gun, take over as president of the new company. All this, Samsung claims it makes in an effort to make the company more agile and responsive to customer needs faster.
Samsung shareholders approve spin-off activity LCD originally appeared on Engadget on Fri, March 16th, 2012 1:46:00 p.m. EDT. Please see our terms for use of feeds. source
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