Monday, December 05, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon Go Eliminates Checkout Lines In Stores
Uber Creates AI Lab With Geometric Intelligence Acquisition
Google Launches New Personal Safety App
Micron Introduces The TLC-based 5100 Enterprise SSDs
Panasonic May Buy Headlight Manufacturer ZKW
KAIST Sues Samsung, Qualcomm And Globalfoundries Over FinFET Patent Infringement
Samsung Offers Second Gear S2 Update
Google DeepMind Makes AI Training Platform Available On GitHub
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
KAIST Sues Samsung, Qualcomm And Globalfoundries Over FinFET Patent Infringement
Samsung Offers Second Gear S2 Update
Samsung Gear S3 Features Lonely Planet's Travel App, Guides and New Watchfaces
Samsung Galaxy S8 To Feature Automatic Focus Function to Its Front Camera
Samsung Investors And Executives Meet to Discuss Company Overhaul
Samsung Dominates The Global Mobile DRAM Market
Samsung To Design Its Own RiSC-V Micro-controller For IoT Devices
Samsung Display To Convert LCD TV Lines Into OLED Phone Lines
Samsung Group Offices Raided in South Korea Scandal
Samsung In Talks To Buy QD Vision
Samsung, Harman Outline Connected Car Vision
Samsung To Manufacture New 10nm Snapdragon 835 Mobile Processor Featuring Faster Quick Charge 4

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .