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Samsung Display starts operations

Monday 2 April 2012 | 15:55 CET | News
Samsung Electronics announced the official launch of its new subsidiary Samsung Display Co Ltd. Samsung Display held its inauguration ceremony and will begin business operations after carrying out incorporation registration on 03 April. Donggun Park, executive vice president and head of the former Samsung Electronics' LCD Business was elected CEO of Samsung Display. The company, which recorded KRW 22.7 trillion (USD 20 billion) in annual revenue in 2011 making it the world's biggest display manufacturer, was spun off last month by Samsung. It will later consider a merger with sister companies

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Categories: Mobile & Wireless
Companies: Samsung
Countries: World
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