Samsung might sell off LCD business

When it comes to HDTVs, surely Samsung must rank in your mind amongst the other big name brands. Well, even the South Korean manufacturing giant is finding it to be tough going these days, mulling over the sale of its LCD unit amidst a dip in demand. Samsung is not the only one in this boat though, as other electronics manufacturers around the world are also realizing that their LCD businesses are seeing an unprecedented dip. Apart from slowing sales figures that dropped more than 10% last year, the prices of LCD panels have also succumbed to lower than before levels, denting profits in the process.

Samsung is also mulling over whether to focus on new forms of technology like the organic light-emitting diode (OLED) display market. If the world’s largest TV and flat-screen manufacturer is thinking about selling off their LCD unit, how else do you think the smaller fry fare at this moment?

Edwin Kee
Categories: General
Tags: lcd, oled, Samsung