Samsung considering selling LCD business

Reports in the mainstream media suggest that electronics giant Samsung is considering selling off its LCD panel business as it attempts to streamline.

The Financial Times, the BBC website and Reuters all quote Samsung spokespeople as suggesting that the loss-making LCD flat panel unit could be sold as the company seeks to focus on what it sees as the key emerging technology of OLED.

Reuters reports that ," Seo Won-seok, an analyst at Korea Investment & Securities,
said: "A spin-off will allow Samsung to focus more on OLED and also broaden its LCD customer base to companies that have shunned Samsung due to the fact that they are in direct competition with it in finished products such as televisions and computers.”