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TV War Won, Samsung Considers Spinning Off its Money-Losing LCD TV Business

February 16, 2012 by tjgreen82 Leave a Comment

An electronics shop salesperson sells flat screen TVs of Samsung Electronics displayed at a shop in Seoul<February 15, 2012> Samsung Electronics Co. surprised many in the industry today when it revealed that it is considering spinning-off its LCD flat-panel television business which is losing money amid a worldwide slowdown in consumer demand according to a report by Reuters. The company says letting the LCD business go will allow it to focus on what it believes will be the next wave in television technology – OLED which it hopes will stimulate consumer demand …and company profits. [Read more…] about TV War Won, Samsung Considers Spinning Off its Money-Losing LCD TV Business

Filed Under: Asian Connection, Brands, Economic Trends, Industry Trends, Management, Manufacturers, News, Pivot Point, Strategy, Tech Trends Tagged With: Bloomberg, DisplaySearch, flat-panel, Korea, LCD, LG, OLED, Reuters, Samsung, television, TV

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A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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