Samsung Kicks Off Samsung Display
Samsung today announced that it has officially launched Samsung Display, a spin-off of its LCD panel-making business. The new company will operate separately from Samsung Electronics, which will still make AMOLED displays for smartphones, tablets, and other mobile devices. Donggun Park, executive vice president and head of the former Samsung Electronics' LCD Business, was elected CEO of Samsung Display.
Samsung Mobile Chief Given A Chance to Turn It Around
Samsung will not replace the head of its mobile electronics business, J.K. Shin, as had been suggested last month.
Samsung Combines Some U.S. Operations
Samsung took several steps today to further streamline operations across its various businesses. In the U.S., Samsung has consolidated the sales organizations of Samsung Electronics America and Samsung Telecommunications America, which oversee distribution of the company's consumer electronics and mobile devices, respectively.
Samsung Executive to Be Charged with Bribery
The special prosecutor's office in South Korea today said it will charge Samsung Executive Jay Y. Lee in a bribery case that has shaken the country.
Sharp Looking to Divest LCD Business
Sharp is hoping it will be able to spin off a portion of its LCD panel business. The company wants to unload the piece of its display unit that makes small- and mid-sized displays for devices such as smartphones and tablets.
OH GREAT MORE SAMSUNG SILOS