Samsung Electronics has decided to split off its LCD division into a separate company in the hopes of turning the loss-making business around. The Korean company proved the rumours circulating last week with regulatory filings announcing that its LCD unit would be spun off into a new firm – which will be a wholly owned …

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Monday 20th February 2012 12:20 GMT Sceptic Tank

Nothing to see here....

"By being an independently operated company specialising in display panels going forward...."

So were the panels going in backward in the past? That's why they didn't sell.

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1. Monday 20th February 2012 23:32 GMT LaeMing
  
  Re: Nothing to see here....
  
  That's all the panels in the backs of plane/train/car seats. Unless vehicle is in reverse gear.
  
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Monday 20th February 2012 21:05 GMT Graham Wilson

I assume those $ figs are correct?

With capital/loss sums like that one could put Microsoft in the equivalent of a teacup!

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1. Monday 20th February 2012 23:34 GMT LaeMing
  
  Re: I assume those $ figs are correct?
  
  Yes, it is always refreshing to look at MS's size in relation to all other global companies, rather than just in the IT sphere.
  
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Tuesday 21st February 2012 01:31 GMT Alan Brown

this OLED push might explain

Why "smaller" Samsung LCDs are at damn near giveaway pricing in the wholesale channels.

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Tuesday 21st February 2012 12:47 GMT Anonymous Coward

The break-up will be official on 1 April,... April fool?

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