Sunday, January 25, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
NVIDIA Comments On GeForce GTX 970 Memory Allocation Reports
Google Comments On Lack Of Security Patches On Older Android Phones
Sony is Offering Old Games To Settle The 2011 PlayStation Network Breach
Sony Postpones Earnings Announcement
January Windows 10 Build Released Through The Windows Insider Program
Flexible Computers Are Stil Away From Reality
China Denies Microsoft Outlook Hacking Allegations
A Look at Microsoft's New Spartan Browser
Active Discussions
Sound card for my Laptop
HELP!!!
full screen wide screen
UDF errors
Hi
The Simplest Way to Download KODAK HERO 7.1 Driver
About the restriction problem of chapter quantity in DVD
Booktype utilities for LiteON and OEM DVD Recorders
 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 Engineers Develop Wearable Sensor for Stroke Detection
Samsung and Apple Together Consumed 17 Percent of Total Semiconductor Demand in 2014
Samsung Drops Qualcomm 810 Processors in next Galaxy S Due To Overheating: report
Samsung Led The Smartphone Market in 2014, TrendForce Reports
Galaxy S6 Expected to Have Displays On Both Edges
Samsung Starts Mass Production Of 8-Gigabit Graphics DRAM
Samsung, Blackberry Deny Deal Report
Samsung Made A Bid For BlackBerry: report
Samsung Finally Releases Budget Tizen Z1 Smartphone In India
Samsung Galaxy S6 To Have Simplified TouchWiz User Interface
Samsung Galaxy A7 Offers A Larger Display, More Powerful Performance
Samsung May Release Windows Phones

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 .