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Source: www.fayerwayer.com

Samsung has confirmed it will create a separate subsidiary for the manufacture of LCDs, called Samsung Display, which starts into existence formally on 1 April. The new company would start with $ 667.3 million in capital.

"As an independently operated company, specializing in the future panels, our LCD business will strengthen their competitiveness based on a special strategy and focused, and take the vantage in the future of the manufacture of screens later that the competitors, achieving continued growth, "said Samsung.

The idea is to keep the core business of Samsung profitable, focusing more OLED screens, widely used in mobile devices and TVs promise to get to soon. The performance of the LCD change has been uneven in recent times.