Samsung's move to spin off LCD business could benefit Chinese panel makers
Samsung Electronics Co.'s move to spin off its liquid-crystal
display (LCD) business could benefit Chinese panel makers by bringing more business
opportunities to them, a Beijing-based market researcher said Thursday.
Last week, Samsung Electronics said in a statement that the provisionally named Samsung
Display Co. will be launched on April 1 with capital of 750 billion won (US$667.3 million).
The new entity will absorb Samsung Electronics' existing LCD operations.
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