Saturday, February 28, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New Draft Bill Focuses On Consumer Data Privacy
Uber Says Breach Affected 50K Drivers
Google Showcases Future Silicon Valley Headquarters
Lenovo Offers Free McAfee LiveSafe Following Superfish Security Concerns
Yahoo Gains Search Share
Twitter To Offer More User Safety Features
Google to Start Ranking Mobile-friendly Sites Higher
Qualcomm Extends LTE to Unlicensed Spectrum to Enhance Mobile Experiences
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 Home > News > General Computing > S-LCD F...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, January 26, 2012
S-LCD Fully Incorporated by Samsung


Samsung Electronics has fully incorporated S-LCD, its joint venture with Sony established in 2004, as one of its fully-owned subsidiaries.

Sony sold its nearly 50 percent stake in S-LCD joint venture, as it struggles to reduce huge losses at its TV business. Samsung announced on January 25 that it had acquired 100% of Sony?s shares in it on January 19.

Samsung had agreed to end its joint liquid crystal display (LCD) display venture with Sony as the global panel industry continues to struggle with a prolonged downturn in TV demand.

The move comes as Sony is aiming at switching to cheaper outsourcing for flat screens for its TVs while Samsung pushes ahead with next-generation displays. Sony's TV operations continued to suffer quarterly operating losses, hit by a slump in LCD TV demand. Samsung, the world's largest LCD panel maker, merged its LCD unit with its semiconductor division earlier this year, in a bid to help facilitate a faster turnaround.

For Sony, this transaction will enable it to monetize its shares in S-LCD and aims to secure a flexible and steady supply of LCD panels from Samsung, based on market prices and without the responsibility and costs of operating a manufacturing facility. With whole ownership of S-LCD, Samsung anticipates heightened flexibility, speed and efficiency in both panel production and business operations.

Established in April 2004, S-LCD has continued to deliver cost-competitive LCD panels to both of its parent companies, contributing to the expansion of the respective parties' TV businesses, and the large-sized LCD TV market overall. However, LCD panel and TV market conditions have changed. In order to respond to such challenging conditions and to strengthen their respective market competitiveness, the two companies have agreed to shift to a new LCD panel business alliance.


Previous
Next
AMD Catalyst 12.1 And 12.2 Preview Driver Released        All News        LG To Release 5-inch Device To Compete With Samsung's Galaxy Note
HP to Commit webOS to Open Source by Fall 2012     General Computing News      Symantec: Disable Our pcAnywhere Software

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung Says Semiconductor Technology Can Easily Scale Down to 5nm
Samsung To Showcase IoT, Network Functions Virtualization and 5G Technologies at MWC 2015
Samsung Introduces First 128-Gigabyte Universal Flash Storage for Smartphones
Group Files FTC Complaint Against Samsung’s Smart TVs
Samsung, SK Telecom to Collaborate Demonstrate 5G at MWC
This Is The New Samsung Galaxy S6
Samsung to Supply Memory Chips To LG, Apple
Samsung SDI Buys Magna 's Battery Pack
Samsung Releases Public Safety LTE Solution
Samsung to Acquire LoopPay Digital Wallet Platform
Samsung TVs Do Not Encrypt Collected Data
Samsung Develops First eMMC 5.1 Flash Memory

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .