South Korean giant Samsung Electronics says its board has agreed to spin off its loss-making liquid crystal display (LCD) business. Samsung, the world’s largest maker of flat panels, memory chipsand flat-screen televisions, said its LCD unit would be launched as a separate entity on April 1 with capital of 750 billion won ($668 million). The LCD business suffered…
South Korean giant Samsung Electronics said it is considering spinning off its loss-making liquid crystal display (LCD) business, sending its shares to a record high. Samsung, the world’s largest maker of flat panels, memory chips and flat-screen televisions, made the announcement in a regulatory filing on Wednesday. It said no final decision has been…
Samsung Electronics on Saturday condemned an Israeli commercial featuring a Samsung tablet, expressing dismay at Iran’s threat to ban its products over the apparently anti-Tehran teaser. The South Korean electronics giant said it had not been involved in production of the TV spot, produced by Israeli cable TV cannel HOT.…