WorldWide Tech & Science. Francisco De Jesùs.
Samsung Display, Samsung Mobile Display and S-LCD Corporations merged in a new corporation.
Samsung Display has announced that it has begun conducting business as a newly merged corporation with Samsung Mobile Display and S-LCD corporations.
Samsung Display is the world's largest display manufacturer, now with 39,000 employees and seven production facilities worldwide. In addition, Oh-hyun Kwon, vice chairman and CEO of Samsung Electronics, was elected CEO of Samsung Display at the general meeting of stockholders and board of directors.
Through its merger with Samsung Mobile Display and S-LCD corporations, Samsung Display plans to expand the company's management efficiencies, while optimizing the synergistic effects of its LCD (liquid crystal display) and OLED (organic light-emitting diode) business initiatives. The company also intends to strengthen its global competitive edge by combining OLED production technology with precision large panel operations and seasoned supply chain management.